BOSTenergies reports strong 2025 performance, pays first-ever dividend to government
The performance was announced at the Company's 2026 Annual General Meeting (AGM) held today in Accra, where the shareholder, the Board of Directors, Management and other stakeholders reviewed the Company's performance for the 2025 financial year.
BOSTenergies Limited, Ghana's energy sector giant, has announced a stellar financial year in 2025, culminating in the company's first-ever dividend payment to the government. The annual performance report, presented at the 2026 Annual General Meeting in Accra, showcased impressive growth across multiple financial metrics. Revenue surged by an astounding 195%, reaching GH¢3.81 billion, while the company's profitability saw a remarkable 72% increase, yielding GH¢683.96 million in profit after tax.
Total assets expanded by 50%, amounting to GH¢3.99 billion, and shareholder equity nearly doubled to GH¢1.47 billion. Administrative costs were trimmed by 28%, underscoring the company's commitment to cost discipline. The dividend payment, representing 5% of net profit, amounted to GH¢34.2 million, marking a historic milestone for BOSTenergies.
The company's strong financial footing underscores its dedication to sound financial stewardship and sustainable value creation for shareholders and stakeholders. Managing Director Afetsi Awoonor attributed the success to a blend of commercial acumen, prudent financial management, and operational efficiency. As BOSTenergies charts its course forward, the company remains committed to operational excellence, resilience, and creating lasting value, with a steadfast focus on Ghana's energy security.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
