Camelot Operations Yields 2.4 Billion Cedis

Aggressive domestic marketing by CAMELOT Ghana Limited, the only security printing firm on the Ghana Stock Exchange yielded a strong 91 per cent growth in turnover to 2.4 billion cedis, according to a third quarter review of the company by Databank.A performance described by market watchers as - remarkable' saw high operating costs and interest charges that sadly led to a decline in both operating and net margins.

Officials said the company's financial position has been stregnthened with the reduction in the company's gearing and the improvement in its current ratio.

Camelot is currently pursuing an aggressive expansion strategy into the West Africa sub-region.