State-owned enterprises revenue up 28.1% to GH¢176.4 billion
Total revenue of State-owned Enterprises (SOEs) increased by 28.1 per cent to GH¢176.4 billion while profit before interest and tax rose to GH¢25.5 billion, the latest State Ownership Report (SOR) has indicated. The report showed that SOEs
Total revenue of State-owned Enterprises (SOEs) increased by 28.1 per cent to GH¢176.4 billion while profit before interest and tax rose to GH¢25.5 billion, the latest State Ownership Report (SOR) has indicated.
The report showed that SOEs recorded a consolidated net profit after tax of GH¢19.8 billion, reversing a GH¢2.3 billion net loss in 2024, thus making 2025 as the major turnaround financial year for SOEs.
The report by the State Interests and Governance Authority (SIGA) identified that the stronger performance by the SOEs was supported by growth in agriculture, manufacturing and infrastructure, improved foreign exchange earnings and a 42.5 per cent reduction in finance costs.
Source: Daily Graphic (https://www.graphic.com.gh/news/general-news/state-owned-enterprises-soes-increased-revenue-in-2025-by-28-1-per-cent-to-ghc176-4-billion.html)
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