The Ghana Ports and Harbours Authority (GPHA) recorded a net profit of GH¢2.82 billion in 2025, representing a 17.18 percent increase from the approximately GH¢2.41 billion recorded in 2024.

The Director-General of GPHA, Brigadier-General Paul Seidu Tanye-Kulono, disclosed this in the Authority’s 2025 State Ownership Report, released on Thursday, September 3, 2026, by the State Interests and Governance Authority (SIGA).

According to the report, GPHA’s total revenue increased from GH¢6.998 billion in 2024 to GH¢7.620 billion in 2025, reflecting the Authority’s strong financial performance during the year.

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Operating revenue also rose by 5.95 per cent, from GH¢5.252 billion in 2024 to GH¢5.564 billion in 2025, mainly driven by increased income from cargo services and port facilities.

The Authority also benefited from its interest in Meridian Port Services Limited, with its share of profit increasing from GH¢1.276 billion to GH¢1.531 billion during the year.

GPHA said the improved performance further strengthened its position as one of Ghana’s consistently profitable state-owned enterprises and the leading contributor to profitability in the transport and logistics subsector.

Its net profit margin increased from 45.83 per cent in 2024 to 50.69 per cent in 2025.

“GPHA’s financial performance in 2025 reflects the Authority’s continued commitment to operational efficiency, prudent financial management and the strategic development of Ghana’s ports,” the Authority said.

The Authority’s financial position also strengthened during the year, with total assets reaching GH¢19.544 billion and total equity increasing by 16.01 per cent, from GH¢13.069 billion to GH¢15.162 billion.

Return on assets rose from 16.47 per cent to 19.07 per cent, while return on equity increased from 45.98 per cent to approximately 49.55 per cent.

GPHA said the stronger financial position had enhanced its ability to finance operations and investments through internally generated funds.

Net cash flow from operating activities reached approximately GH¢3.189 billion, while cash and cash equivalents increased to about GH¢1.648 billion.

“Beyond the financial results, the Authority continues to invest in infrastructure and systems that will improve capacity, efficiency and resilience across Ghana’s ports,” Brigadier-General Tanye-Kulono said.

He cited the dredging of the Port of Tema, the deployment of cargo and container haulage trucks, and the restoration of sections of the harbour breakwater as some of the ongoing initiatives.

The Authority also said it had commenced 24-hour operations across all operational areas, while investing in environmental monitoring and climate-resilient port infrastructure.

ANAS/MA

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