FML - Fan Milk Plc
Fan Milk Limited is a Ghanaian dairy retailer based in Accra. It was incorporated in 1960 as the Ghanaian Milk Company, initially specialized in pasteurized milk. The company has since begun operating in Benin, Togo and Burkina Faso. In 1962, the company changed its name to Fan Milk Limited, and branched out into the production and distribution of milk-based and fruit-based products such as ice cream, yoghurt, and ice lollies. The brand name has since become a household name across the country. The company's products include brands such as FanYogo, FanChoco, FanIce, FanDango, and FanPop—the latter two being fruit-based products. In June 2013, private equity firm The Abraaj Group of Dubai acquired Fan Milk International.
Fan Milk Plc is listed on the Ghana Stock Exchange (GSE). Fan Milk is traded on the GSE under the ticker symbol “FML”. The International Securities Identification Number (ISIN) of GSE:FML is GH0000000078. Fan Milk Plc is currently the 21st most valuable stock on the GSE with a market capitalization of GHS 174 million, which is about 0.255% of the Ghana Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price|
|Day’s High Price|
|Number of Deals||0|
|Growth & Valuation|
|Earnings Per Share||-0.4276|
|Dividend Per Share||0.00|
FML Stock Market Performance
The current share price of Fan Milk Plc (FML) is GHS 1.50. FML closed its last trading day (Wednesday, March 22, 2023) at 1.50 GHS per share on the Ghana Stock Exchange (GSE), recording a 7.4% drop from its previous closing price of 1.62 GHS. Fan Milk began the year with a share price of 3.00 GHS but has since lost 50% off that price valuation, ranking it 38th on the GSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that FML has lost 35% of the stock’s value from February 22nd to date.
Fan Milk is the 12th most traded stock on the Ghana Stock Exchange over the past three months (Dec 20, 2022 - Mar 23, 2023). FML has traded a total volume of 47,250 shares valued at GHS 108,682 over the period, with an average of 750 traded shares per session. A volume high of 11,033 was achieved on January 27th for the same period. The table below details the last 10 trading days of activity of Fan Milk on the Ghana Stock Exchange.
Profile of Fan Milk PLC
Fan Milk PLC operates in the Consumer Goods sector, specifically, the Food Production industry.
Factsheet of Fan Milk PLC
- Consumer Goods
- Food Production
- No. 1 Dadeban Road, North Industrial Area, P. O. Box 6460, Accra, Ghana
- +233-302-224-421, +233-302-224-732, +233-302-223-384
FML Industrial Market Competitors
Fan Milk PLC, issuers of the FML stock on the Ghana Stock Exchange, have seven market competitors who are also engaged in the Consumer Goods sector and/or Food Production industry. The table below presents an overview of their market standing.
|BOPP||Benso Oil Palm Plantation Limited||369M||10.61||+38.7%|
|CPC||Cocoa Processing Company Limited||40.8M||0.02|
|PBC||Produce Buying Company Limited||9.6M||0.02|
|SAMBA||Samba Foods Limited||3.29M||0.55|
|UNIL||Unilever Ghana Limited||225M||3.60||-7.22%|
|GGBL||Guinness Ghana Breweries Limited||461M||1.50||-26.8%|