The Ghana Shippers’ Authority (GSA) recorded a 271.52% increase in net surplus in the 2025 financial year, rising from GH¢69.52 million in 2024 to GH¢258.30 million.
The figures are contained in the 2025 State Ownership Report published by the State Interests and Governance Authority (SIGA), highlighting a significant improvement in the Authority’s financial performance over the period.
According to the report, the GSA’s total income increased to GH¢380.15 million in 2025, compared with total revenue of GH¢191.76 million recorded in 2024.
The Authority’s total assets also grew to GH¢979.92 million, bringing its balance sheet close to the GH¢1 billion mark.
Its accumulated fund stood at GH¢810.46 million during the year.
The 2025 performance represents a substantial improvement over the previous year, when the GSA recorded a net surplus of GH¢69.52 million.
The reported surplus margin also increased to 67.95% in 2025, compared with 36.25% in 2024, reflecting the stronger financial position recorded during the year.
The performance comes as the GSA continues to pursue its mandate of protecting and promoting the interests of shippers while supporting efficiency within Ghana’s maritime and trade logistics sector.
Under the leadership of Professor Ransford Gyampo, the Authority’s financial results form part of the broader assessment of state-owned enterprises contained in SIGA’s annual State Ownership Report.
The sharp rise in surplus, coupled with the growth in total assets and accumulated funds, underscores the GSA’s improved financial position in 2025.
