The management philosophy of the company has been to run a market-driven customer-oriented company focusing on Total Quality Management principles for value-for-money.
A competent and comparable Board of Directors and seasoned Management Team are in place for the realisation of the goals, and has enabled the company stay competitive.
PROJECTIONS
The minimum achievable targets include;
- Earnings from Production and Sale of Rice:
12,500 MT of Rice to be sold by the end of year 2007, earning a net profit margin of 10%. An average profit of US0.5million per shipment of 12,500MT is anticipated in the short term. 25,000MT/annum sale is anticipated from 2008 to 2009.
On the medium term 2010 to 2015, the projection is towards a programme of activity that would supply about 50,000 metric tonnes p. a. of rice to the about 300 million West African Market by the year 2012, from a steady growth of 5% market share with market penetration programmes, using the 2007 to 2009 plan as the short term plan.
- Earnings from Importation and sale of Sugar:
25,000 metric tonnes of Sugar shall be delivered annually to meet the shortfall in Ghana for the three year period. Yielding an average profit between US$750,000 and US$1 million per annum.
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Earnings from Farms & Exports:
Export trials of cashew products shall commence by January 2009 and it is anticipated that an average of 5,000 MT of fully processed cashew nuts and about 5,000 litres of cashew fruit juice, and related blends would be exported per annum yielding a combined income of about US$9 million per annum by the end year 2009 with about 30% rate of return on capital.
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Earnings from Consulting Services
Vigorous clientele development is anticipated to bring in revenue in excess of US$1,000,000 in the year 2007 growing at a rate of not less than 30% per annum; Debt collection will be emphasised. Debt collection is anticipated to bring in at least US$10 million by the end of 2007.
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Earnings from Project Management (Construction):
Predictable consistent income is anticipated from year 2008 where the estate development works of the company would resume. It is also anticipated that the Medical Centre of Excellence programme being worked on together by Uniex and the University of Cape Coast would bring in earnings of about 10% of the total exposure of the USD450million-project within the period of construction 2008 - 10.
- The USD200million Police, Immigration, Prisons and Fire Service National Housing Project would yield about 15% on returns from the year 2008
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(F) Earnings from Ancillary Firms :
On mining; the company is divesting her interest.
Earning of $50,000/a from an Audio Visual company to be established in the year 2007 is expected
