Fan Milk PLC surges: Revenue crosses GH¢1billion mark as profits leap

Fan Milk PLC has announced an impressive financial performance for the year ended December 31, 2025, with its annual revenue breaking the GH¢1 billion threshold for the first time and profits surging on the back of exceptional sales growth and improved operational efficiency. 

The unaudited results reveal a company in robust health, with revenue escalating by 46.3 per cent to GH¢1.00 billion, up from GH¢683.8 million in 2024.

This top-line expansion directly fuelled a 36 per cent increase in profit after tax, which rose to GH¢67.4 million from GH¢49.5 million the previous year. 

The company’s earnings per share consequently improved to GH¢0.58, up from GH¢0.43, delivering enhanced value to its shareholders. 

A key driver behind the profit growth was the company's ability to manage its cost base effectively; while revenue jumped by nearly half, sales and distribution costs increased by 45.6 per cent and administrative expenses by 28.6 per cent, demonstrating a controlled scaling of operations.

The financial strength is further evidenced in the company's cash position. Cash generated from operations was a robust GH¢214.5 million, leading to a net cash inflow from operating activities of GH¢171.3 million. 

This operational liquidity enabled significant capital expenditure of GH¢36 million on plant and equipment while still allowing the company to more than double its bank and cash balances, which stood at GH¢231.6 million at year-end, up from GH¢109.1 million at the start.

The statements, approved and signed by Chairperson Freda Duplan and Managing Director Lionel Parent, show retained earnings growing to GH¢320.9 million. 

This performance, achieved amidst a competitive consumer goods market, underscores Fan Milk’s strong brand equity and effective execution of its growth strategy, positioning it for continued market leadership in the dairy sector.