Ghana Airports Company’s income rises to GH¢2.48bn as assets exceed GH¢10bn
Ghana Airports Company Limited (GACL) increased its total income, assets and equity in 2025 despite recording declines in revenue from its core aeronautical and non-aeronautical operations.
In 2025, Ghana Airports Company Limited (GACL) reported a 10.57% increase in total income, reaching GH¢2.48 billion, despite a decline in core aeronautical and non-aeronautical revenue. The company's assets grew by 3.92% to exceed GH¢10 billion, while equity increased by 13.43% to GH¢3.29 billion. GACL managed to lower its debt-to-assets ratio from 0.71 to 0.68 and its equity multiplier from 3.40 to 3.11, indicating a reduction in financial leverage.
The company's liquidity position improved, with its current ratio rising from 0.57 to 0.73. However, GACL's operating revenue declined by 9.15%, from GH¢2.02 billion to GH¢1.83 billion, while its operating profit margin remained stable. Net profit decreased by 30.64%, from GH¢513.17 million to GH¢355.94 million, mainly due to higher operating expenses, increased employee costs, and depreciation.
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