African Stock Exchanges

FML - Fan Milk Limited

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Fan Milk Limited (FML) shares on Ghana Stock Exchange; historical share prices, dividend and annual financial reports: income statement, balance sheet, cash flow statement, etc.Stock summary for FML on the Ghana Stock Exchange

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.

FML17.60 ▪ 0.00
9 hours ago
Last Trading ResultsGrowth & Valuation
Opening Price:17.60Earnings Per Share:0.4070
Day's Low Price:--Price/Earning Ratio:43.24
Day's High Price:--Dividend Per Share:0.00
Traded Volume:112,700Dividend Yield:0%
Number of Deals:--Shares Outstanding:116.21m
Value/Turnover:1.98mMarket Capitalization:2.05b
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

FML Stock Market Performance


The last 10 trading days of activity of Fan Milk Limited (FML)


Profile of Fan Milk Limited

Below is an abridged, consolidated report of the latest annual financial statements for Fan Milk Limited. Reporting currency is Ghana Cedi (GHS). All amounts are expressed in millions with the exception of per share items.

Income Statement
Total Revenue386.40315.41177.49138.97147.21
Cost of Revenue-189.35-156.35-95.13-61.45-69.80
Gross Profit197.06159.0682.3677.5277.41
Operating Expense-114.80-99.29-62.59-49.32-44.71
Other Income-16.13-10.06-4.72-6.47-5.51
Net Income66.1349.7215.0521.7227.20
Earnings per Share0.570.430.130.190.23
Balance Sheet
Total Assets245.06214.21123.91101.2596.55
Total Liabilities70.6993.9442.8924.8234.87
Total Equity174.38120.2881.0276.4361.68
Equity & Liabilities245.06214.21123.91101.2596.55
Cash Flow Statement
Operating Activities47.8383.9838.9727.1134.86
Investing Activities-107.74-13.35-9.85-19.66-15.36
Financing Activities-11.50-10.19-9.99-14.29-18.99
Net Cash Flow-71.4160.4419.14-6.830.51
Cash & Cash Equiv.26.2697.6737.2318.1024.93

Fan Milk Limited operates in the Consumer Goods sector, specifically, the Food Production industry. The company is led by Stephane Couste as its Managing Director, since 2016. The company's board of directors, chaired by Dr. Charles Mensa, is composed of eight members whose names are listed below.

  1. Mensa, Charles (Dr.)
  2. Couste, Stephane
    Managing Director
  3. Kholi, Jacob
    Vice Chairman
  4. Thompson, George H. Okai
    Non-Executive Director
  5. Ayisi-Okyere, Peace
    Non-Executive Director
  6. Spicher, Edouard
    Non-Executive Director
  7. Gourmelon, Jacques
    Non-Executive Director
  8. Armangau, Pierre
    Non-Executive Director
Factsheet of Fan Milk Limited
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 Limited, issuers of the FML stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or the Food Production industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

  1. BRVM Stock Exchange
  2. Botswana Stock Exchange
  3. Ghana Stock Exchange
  4. Lusaka Stock Exchange
  5. Malawi Stock Exchange
  6. Nairobi Securities Exchange
  7. Nigerian Stock Exchange
  8. Zimbabwe Stock Exchange

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