Food Buffer Stock seeks stronger liquidity buffer despite record profit

29, GNA – The National Food Buffer Stock Company (NAFCO) is seeking to strengthen its liquidity position despite recording a profit before tax of GH¢91.

Mr George Abradu-Otoo, the Chief Executive Officer (CEO) of NAFCO, said the company’s liquidity position remained adequate, but its short-term financial buffer was still marginal.4 million loss recorded in the previous year, but also represents the highest profit made by the Company since its establishment,” he said.