Ghanaian Chronicle (Accra)
13 October 2008
Cedi Depreciation Affects PZ PZ Cussons Ghana Limited recorded a significant fall in its financial performance during its first quarter ended 31st August 2008. The company's net profit fell by about 57% from 553,672 recorded during the same time last year. This fall is attributed to the high cost of raw materials as a result of the significant depreciation of the cedi against the dollar.
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