Intravenous Infusions Plc Cites Ghana Stock Exchange Listing as Key to Doubling Capacity and Sustained Profitability
Managing Director of Intravenous Infusions Plc, Moukhtar Soalihu, has emphasized the significant benefits the company has enjoyed since listing on the Ghana Stock Exchange (GSE), noting the listing has enabled the company to have access to cheaper, long-term capital that has helped the company upscale its capacity by more than 100%.
According to Mr Soalihu, this has led to the company becoming profitable and made consistent profits over the last six years.
“So our existence in the stock exchange has really created a serious brand awareness. A lot more people who were not within the pharmaceutical sector are now getting to know much more about intravenous infusions, including investors as well,” he quipped.
Adding that, the only source where companies can get cheaper and long-term access to liquidity is on the Ghana Stock Exchange (GSE).
He made the assertion giving a testimonial of the benefits of listing on the GSE in support of the Exchange’s new testimonial campaign.
Intravenous Infusions Plc is currently listed on the Ghana Alternative Market (GAX) with total issued shares of 274 million at per share price of GHS 0.05 and a market capitalization of GHS 13.72 million.
The testimonial campaign by the GSE seeks to provide first-hand accounts of how the capital market has fueled the growth of currently-listed companies and enhanced their corporate profiles, and created value for their shareholders.
With this campaign, the GSE hopes to demystify the listing process and highlight how the GSE can serve as a catalyst for growth and sustainability.
According to the Managing Director of the GSE, Abena Amoah, the Ghana Stock Exchange’s vision is to be a world-recognized securities market relevant to Ghana and Africa’s economic transformation.
Asserting that the GSE is bringing its vision to life by providing platforms for the private sector and public institutions to raise the patient capital necessary to fund their growth.
She therefore urged businesses in the country to heed to the call of listing on the GSE.
“Heed the call to benefit also from the Ghana Stock Exchange. Join us to build a capital market that creates wealth and prosperity for your company and for the Ghanaian investors, who are your employees, your contractors, your customers, and your community. Together we will achieve our vision of a leading capital market transforming Ghana’s economy,” Ms Amoah remarked.
