Ghana Publishing Company records 661% jump in 2025 profit
By: Celestine Avi and Seth Eyiah The Ghana Publishing Company Limited has recorded a significant improvement in its financial performance, posting a profit after tax of GH¢16.96 million in 2025, representing a 661.36 per cent increase over the GH¢2.23 million recorded in 2024. The Managing Director of the company, Nana Kwesi Boaitey, disclosed this at […]
The Ghana Publishing Company Limited has experienced an impressive 661.36 percent surge in its profit after tax for the year 2025, reaching GH¢16.96 million compared to the previous year's figure of GH¢2.23 million. Managing Director Nana Kwesi Boaitey disclosed these financial figures during a presentation at the Government Accountability Series held at the Presidency in Accra.
He credited the impressive performance to a combination of financial discipline, operational reforms, enhanced revenue mobilisation, and the implementation of extended working hours.
Boaitey reported a significant increase in the company's revenue, which climbed by 19.87 percent from GH¢60.78 million in 2024 to GH¢72.85 million in 2025. Gross profit also saw a substantial rise of approximately 49.76 percent, climbing from GH¢23.38 million to GH¢35.01 million over the same period. Operating profit, too, saw a notable improvement, increasing from GH¢2.95 million to GH¢19.58 million.
This positive trend followed substantial reforms introduced after the company's new management took office in February 2025, a period marked by liquidity challenges, overstaffing, and operational inefficiencies within the organization.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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