{
  "id": 4865568,
  "title": "SIGA Report: TDC more than triples net profit to ¢195.6m in 2025",
  "url": "https://urgent.news/2026/09/01/siga-report-tdc-more-than-triples-net-profit-to-195-6m-in-2025",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T13:20:20.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/siga-report-tdc-more-than-triples-net-profit-to-%c2%a2195-6m-in-2025/"
  },
  "original_language": "en",
  "account": "TDC Development Company experienced a significant surge in net profit, with the company reporting a net profit of GH¢195.61 million in 2025, up from GH¢59.99 million in 2024, according to the State Interests and Governance Authority (SIGA). The real estate developer's operating profit jumped to GH¢257.48 million, from GH¢88.22 million the previous year, resulting in an increased operating margin of 120.76 percent compared to 49.06 percent in 2024. Return on equity climbed to 27.70 percent, from 11.75 percent, while return on assets doubled, rising from 12.02 percent to 26.23 percent. Total assets grew to GH¢981.63 million, while shareholder equity rose to GH¢706.07 million. The company's President, Courage Nunekpeku, attributed the success to the company's self-reliance and disciplined approach, stating that they are now building an asset base that pays for itself. Operating revenue increased to GH¢190.66 million from GH¢163.71 million in 2024, with a substantial increase in profit driven by the fair value revaluation of the company's investment properties. TDC operates without any interest-bearing debt, relying solely on internally generated funds for its operations. The company maintained a current ratio of 3.04 to 1, ensuring it has ample short-term assets to cover its liabilities.",
  "summary": "TDC Development Company more than tripled its net profit in 2025, closing the year at GH¢195.61 million, up from GH¢59.99 million in 2024, according to the latest State Ownership Report by the State Interests and Governance Authority (SIGA).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Adom Online",
        "title": "Bright Simons raises questions over COCOBOD’s GH¢5.1bn profit in SIGA report",
        "url": "https://urgent.news/2026/09/01/bright-simons-raises-questions-over-cocobods-gh-5-1bn-profit-in-siga",
        "published": "2026-09-01T11:33:30.000Z"
      },
      {
        "outlet": "Joy Business",
        "title": "SIGA Report: TDC more than triples net profit to ¢195.6m in 2025",
        "url": "https://urgent.news/2026/09/01/siga-report-tdc-more-than-triples-net-profit-to-195-6m-in-2025-4867671",
        "published": "2026-09-01T13:20:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}