The Adventist Heritage Co-operative Fund Limited (AHCoF), a development fund of the Seventh Day Adventist Church, in the 2023 financial year recorded a surplus of GH¢2.7 million driven by strategic investments.
Consequently, the Fund declared a total dividend of GH¢644, 797 to be paid to shareholders.
The Chief Executive Officer (CEO) of the fund, Mrs Elizabeth Kusi-Nsiah, who disclosed this at the Fund's maiden Annual General Meeting (AGM) in Accra last Tuesday, said the dividend for the 2023 financial year represented 25 per cent of surplus made by the fund for the period under review.
Presenting the 2023 reports and financial performance of the fund, she said the surplus recorded in 2023 was 40 per cent more than what was realised the previous year.