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. According to the 2025 State Ownership Report by the State Interest and Governance Authority (SIGA), GACL’s total income increased by 10.57 per cent, from GH¢2.25 billion in 2024 to […]
Ghana Airports Company Limited (GACL) reported a rise in its total income to GH¢2.48 billion in 2025, up 10.57% from GH¢2.25 billion in the previous year. Despite declines in revenue from its core operations, the company's assets grew by 3.92% to exceed GH¢10 billion. Its equity increased by 13.43% to GH¢3.29 billion in 2025, driven by a rise in retained earnings and a revaluation surplus.
The company's financial leverage improved, with a debt-to-assets ratio of 0.68 times, down from 0.71 times the previous year. However, GACL's operating revenue dipped by 9.15% to GH¢1.83 billion in 2025, while its net profit fell by 30.64% to GH¢355.94 million. The net profit margin decreased to 18.84% from 24.56%, and return on assets fell to 3.48% from 5.21%.
The company's liquidity position improved slightly, with its current ratio rising to 0.73 times from 0.57 times in 2024, though it remained below the benchmark of one.
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