Ghana Shippers’ Authority grows surplus by 272% as assets reach GH¢979.92m
The Ghana Shippers’ Authority (GSA) recorded significant financial gains in 2025, with its net surplus increasing by 271.57 per cent as total income, assets and accumulated funds rose substantially.
In 2025, the Ghana Shippers’ Authority (GSA) experienced a substantial 272% increase in its net surplus, reaching GH¢258.30 million, up from GH¢69.52 million in 2024. The Authority's income nearly doubled, climbing by 98.24% to GH¢380.15 million, primarily due to a GH¢196.49 million gain on investment property. The net surplus margin improved significantly from 36.25% to 67.95%.
Total assets saw a 53.2% increase, reaching GH¢979.92 million, while accumulated funds more than doubled from GH¢404.70 million to GH¢810.46 million. The Authority's debt-to-assets ratio declined substantially from 36.73% to 17.29%, indicating improved solvency. Despite a 4.55% decline in internally generated funds, the Authority remained committed to advancing digital and environmental initiatives, participating in the Green Ghana project and reducing paper use through digitalization of administrative processes.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
