Ftn Cocoa Processors Plc 2022 Annual Report

FTN Cocoa Processors Plc (FTNCOC.ng) 2022 Annual Report

By Published On: September 13, 2023TYPE: Annual ReportsYear: 2022Period: Country: NigeriaSector: Food

FTN Cocoa Processors Plc (FTNCOC.ng) listed on the Nigerian Stock Exchange under the Food sector has released its 2022 annual report.

For more information about FTN Cocoa Processors Plc (FTNCOC.ng) reports, abridged reports, interim earnings results and earnings presentations visit the FTN Cocoa Processors Plc (FTNCOC.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for FTN Cocoa Processors Plc (FTNCOC.ng) in the past 12 months, as of 2nd September 2023, is US$2.06M (NGN1.46B). An average of US$171.92K (NGN121.85M) per month.

FTN Cocoa Processors Plc 2022 annual report

Company Profile

FTN Cocoa Processors Plc was formerly registered as Fantastic Traders Nigeria Limited, a Limited Liability Company Which was incorporated in 1991. The company commenced cocoa processing business with third party arrangement (Toll Processing) with Stanmark cocoa processing company limited in 1995 for conversion of cocoa beans into cocoa butter and cocoa cake/powder. The company later extended its third party processing activities to Ile-Oluji, Cocoa Cooperative, Cocoa Akure and Cocoa products , Ede Osun State. Within a period of 13 years it had established strong relations with overseas cocoa product buyers all over the world. We went ahead to solidify our relationship with many local users such as Nestle Nigeria Plc and Promasidor Nigeria Limited; makers of Cowbell Milk and Cocoa products. FTN Cocoa Processors Plc is listed on the Nigerian Stock Exchange