GPHA records GH¢2.82bn net profit as revenue rises to GH¢7.62bn

The Ghana Ports and Harbours Authority (GPHA) reported a net profit of GH¢2.82 billion for 2025, marking a 17.18% increase from the previous year's GH¢2.41 billion. Total revenue rose to GH¢7.620 billion, up from GH¢6.998 billion in 2024. The State Interests and Governance Authority (SIGA) released the 2025 State Ownership Report, which highlights GPHA's consistent profitability as a key State-Owned Enterprise and its significant role in Ghana's transport and logistics sector.

Operating revenue grew by 5.95%, primarily driven by higher income from cargo services and facilities. GPHA's investment in Meridian Port Services Limited contributed significantly, with its share of profit increasing from GH¢1.276 billion to GH¢1.531 billion in 2025. GPHA's net profit margin improved to 50.69% in 2025, up from 45.83% in 2024, making it the second-highest among profitable State-Owned Enterprises.

The Authority's financial base strengthened, with total assets at GH¢19.544 billion and total equity rising by 16.01% to GH¢15.162 billion. Debt-to-asset ratio decreased, and return on assets and equity also improved. GPHA's investments in port modernization, such as dredging at the Port of Tema and 24-hour operations, demonstrate its commitment to enhancing port capacity and operational efficiency while reinforcing its role in Ghana's aim to become a leading trade and logistics hub in West Africa.