Produce Buying Company Limited 2023 Interim Results For The Third Quarter

Produce Buying Company Limited ( Q32023 Interim Report

By Published On: December 4, 2023TYPE: Interim ReportsYear: 2023Period: Q3Country: GhanaSector: Food

Produce Buying Company Limited ( listed on the Ghana Stock Exchange under the Food sector has released its 2023 interim results for the third quarter.

For more information about Produce Buying Company Limited ( reports, abridged reports, interim earnings results and earnings presentations visit the Produce Buying Company Limited ( company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Produce Buying Company Limited ( in the past 12 months, as of 5th November 2023, is US$344.7374 (GHS3.99K). An average of US$29 (GHS333) per month.

Produce Buying Company Limited 2023 interim results for the third quarter

Company Profile

Produce Buying Company Limited (PBC) is a licensed buying company for cocoa. The company is one of the biggest dealers in cocoa, sheanut and other cash crops in West Africa sub-regions. PBC Ltd buys high quality cocoa beans and sheanuts from farmers, prepares and stores the stock in purpose-built warehouses and delivers graded and sealed stock to designated collection points at Take Over Centres. The stock is inspected, graded and sealed by the Ghana Cocoa Board’s Quality Control Department. The cocoa buying company operates in an environment of stiff competition from other licensed buying companies but has remained the highest cocoa purchaser for COCOBOD with a market share of about 30%. PBC Ltd has established alliances with other international cocoa trading companies to roll out schemes to increase the yield and acreage of cocoa among rural farmers and improve their livelihoods. Produce Buying Company Limited is listed on the Ghana Stock Exchange