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A partial report preview for FTN Cocoa Processors Plc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

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FTN Cocoa Processors Plc
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Phone: +234 17409651p:+234 17409651 LAGOS, Nigeria Ticker: FTNCOCOAFTNCOCOA
Business Summary
FTN Cocoa Processors Plc is a Nigeria-based company, which is engaged in the processing of cocoa beans and palm kernels into cocoa cake, liquor, butter, palm kernel oil and palm kernel cake for export and sales to local manufacturing companies. The Company provides processed agricultural commodities. Its cocoa processing products include cocoa butter, cocoa cake, cocoa powder and cocoa liquor. It sells the palm kernel oil to refineries and soap manufacturers, while the palm kernel cake is consumed by the livestock industry. Its cocoa liquor, cocoa butter and cocoa cake are sold to the export market, whilst cocoa powder is sold to the local market. Its palm kernel factory has the capacity to crush 20,000 metric tons of palm kernel per annum.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
2066 Chocolate and cocoa products

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman Simon O.Oguntimehin
Managing Director/Chief Executive Officer, Executive Director Abiola A.Aderonmu
Chief Finance Officer/Finance Manager Amin A.Amzat
7 additional Officers and Directors records available in full report.

General Information
Number of Employees: 38 (As of 12/31/2023)
Outstanding Shares: 3,900,000,000 (As of 12/31/2023)
Shareholders: 3,455
Stock Exchange: NIG


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Thursday, April 25, 2024