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) witnessed an impressive growth in surplus, with its net surplus increasing by 271.57% to reach GH¢258.30 million, up from GH¢69.52 million in 2024. The Authority's total income soared by 98.24% from GH¢191.76 million to GH¢380.15 million, primarily driven by a one-off gain of GH¢196.49 million on investment property.
The Authority's total assets expanded by 53.2% to GH¢979.92 million, while its accumulated funds more than doubled from GH¢404.70 million to GH¢810.46 million. The debt-to-assets ratio declined significantly from 36.73% to 17.29%, demonstrating improved solvency. Despite a 4.55% decline in internally generated funds, the Authority continued to demonstrate strong liquidity and cash-generating capacity.
The GSA also took steps towards digital and environmental measures, including the participation in the Green Ghana project and digitisation of several administrative processes.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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