{
  "id": 5286436,
  "title": "GPHA records GH¢2.82bn net profit as revenue rises to GH¢7.62bn",
  "url": "https://urgent.news/2026/09/03/gpha-records-gh-2-82bn-net-profit-as-revenue-rises-to-gh-7-62bn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T08:18:06.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/gpha-records-gh%c2%a22-82bn-net-profit-as-revenue-rises-to-gh%c2%a27-62bn/"
  },
  "original_language": "en",
  "account": "In 2025, the Ghana Ports and Harbours Authority (GPHA) reported a net profit of GH¢2.82 billion, marking a 17.18% increase from the previous year's GH¢2.41 billion. Total revenue surged from GH¢6.998 billion in 2024 to GH¢7.620 billion in 2025, per the 2025 State Ownership Report by SIGA. The report affirmed GPHA's status as a consistently profitable State-Owned Enterprise and key contributor to Ghana's transport and logistics sector. Operating revenue grew by 5.95%, from GH¢5.252 billion in 2024 to GH¢5.564 billion in 2025, driven by increased income from cargo services and facilities. GPHA's share of profit from Meridian Port Services Limited also rose to GH¢1.531 billion in 2025, representing approximately 20.09% of total revenue. The Authority's net profit margin reached 50.69% in 2025, up from 45.83% in 2024, positioning it as the dominant contributor to the transport and logistics subsector's profitability. Over the five-year period from 2021 to 2025, GPHA achieved an aggregate net profit of GH¢3.211 billion, with an average annual net profit of around GH¢1.410 billion, placing it second among profitable State-Owned Enterprises. Financial metrics strengthened, with return on assets increasing from 16.47% in 2024 to 19.07% in 2025, and return on equity rising to approximately 49.55%. GPHA's total assets amounted to GH¢19.544 billion, while total equity climbed by 16.01% from GH¢13.069 billion in 2024 to GH¢15.162 billion. The Authority maintained a solid debt-servicing position, with short-term debt coverage improving from 1.63 times in 2024 to 2.15 times in 2025. Cash flow from operating activities amounted to GH¢3.189 billion, and the operating cash-flow-to-revenue ratio stood at 0.57. These results underscore GPHA's role in supporting port modernization initiatives and its commitment to round-the-clock service delivery, solidifying its position as a leading trade and logistics hub in West Africa.",
  "summary": "The Ghana Ports and Harbours Authority (GPHA) recorded a net profit of GH¢2.82 billion in 2025, representing a 17.18 per cent increase over the approximately GH¢2.41 billion recorded in 2024. The Authority’s total revenue also increased from GH¢6.998 billion in 2024 to GH¢7.620 billion in 2025, according to the 2025 State Ownership Report by the […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "GPHA records GH¢2.82bn net profit as revenue rises to GH¢7.62bn",
        "url": "https://urgent.news/2026/09/03/gpha-records-gh-2-82bn-net-profit-as-revenue-rises-to-gh-7-62bn-5287036",
        "published": "2026-09-03T08:18:06.000Z"
      }
    ]
  },
  "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."
}