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Ghana Stock Exchange

Last update 03 Nov 2023

PBC Ltd · PBC.GH

Ghana · Consumer Staples · Food Products · GHS

Price history

PBC Ltd is a Ghanaian agricultural produce company historically centered on cocoa purchasing and logistics. The company buys, collects, stores, transports, processes and deals in cocoa, coffee, sheanuts, shea butter and related agricultural produce. Its operations include a produce segment focused on cocoa beans and shea nuts, and a haulage segment that transports cocoa beans and other commodities. Through subsidiaries, PBC has also been linked to shea processing and hospitality assets. The company's business model is tied to Ghana's cocoa value chain, where relationships with farmers, purchasing clerks, regulators, warehouses, transport providers and buyers are central. Performance depends on crop volumes, financing availability, working capital, commodity logistics, regulated cocoa purchasing arrangements, asset utilization and control of operating costs. PBC provides investors with exposure to Ghanaian agricultural commodity aggregation and logistics, but the business is sensitive to financing costs, cocoa sector policy, operational execution and balance-sheet strength.

Fundamentals

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Metric  (GHS, M) 2022 2021 2020 2019 2017
Revenue Total Revenue 310
EBITDA -6
EBIT -9
Net income Net Income -12
Operating margin -3%
Net margin -4%