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Monday, 15 June 2026
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Monday, 15 June 2026
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Ghanaian press · Organization

Goil Plc

Goil Plc — Ghana's leading indigenous Oil Marketing Company with largest retail network, recorded GH¢90.67 million net profit in 2025.

2026-04-272026-06-15
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In coverage

Verbatim sentences from the source article.

  1. April 2026

  2. Joy Online

    … The event was organised by E ON 3 Group in collaboration with Manhyia Palace; the Diaspora Affairs Office of the Office of the President; KGL Group and its subsidiaries; Universal Merchant Bank; National Petroleum Authority; MultiBank Group-Dubai; Emirates Gold-Dubai; Goil Plc; t …

    Asantehene honours McDan with commemorative gold medal on 27th anniversary of his enstoolment
Business

GOIL PLC reports 7% net profit growth despite lower 2025 revenue

The News

GOIL PLC posted a strong 2025 performance with net profit after tax rising 7.05 per cent to GH¢90.67 million, although revenue declined from GH¢20.36 billion in 2024 to GH¢18.55 billion in 2025 due to market conditions and crude oil price volatility. The Company achieved improved profitability through cost optimisation and operational efficiency.

Why it matters

GOIL PLC reports 7% net profit growth despite lower revenue, demonstrating operational resilience in challenging market conditions.

7 hours ago · The Ghanaian Times →

Today

  1. GOIL PLC reports 7% net profit growth despite lower 2025 revenue

    GOIL PLC posted a strong 2025 performance with net profit after tax rising 7.05 per cent to GH¢90.67 million, although revenue declined from GH¢20.36 billion in 2024 to GH¢18.55 billion in 2025 due to market conditions and crude oil price volatility. The Company achieved improved profitability through cost optimisation and operational efficiency.

    7 hours ago · The Ghanaian Times →

Friday 12 June

  1. GOIL net profit rises 7% despite revenue decline in 2025

    GOIL PLC increased net profit to GH¢90.67 million in 2025, up 7.05 percent from GH¢84.70 million in 2024, despite revenue falling by GH¢1.8 billion to GH¢18.55 billion. The company cut debt obligations and reduced financing costs to cushion the impact of volatile global market conditions.

    12 June 2026 · Business & Financial Times →

Thursday 11 June

  1. GOIL reports GH¢90.67m profit, proposes GH¢23.5m dividend

    GOIL PLC recorded net profit after tax of GH¢90.67 million in 2025, up from GH¢84.70 million in 2024, and has proposed a final dividend of GH¢23.5 million to shareholders despite challenging petroleum sector conditions.

    11 June 2026 · Joy Online →

Wednesday 10 June

  1. GOIL strengthens market position amid intense downstream competition

    Ghana's petroleum downstream sector is experiencing dynamic transformation with intensified competition from indigenous Oil Marketing Companies. GOIL, the leading indigenous OMC and largest retail network operator, recorded over 1.06 billion litres in annual sales and 22.72% peak market share in October 2022, but faced market pressures from 2022–2025 due to shifting consumer patterns and aggressive competition from emerging players.

    10 June 2026 · Joy Online →

  2. GOIL strengthens position amid intense competition in fuel sector

    Ghana's petroleum downstream sector is experiencing rapid transformation with increased competition and market expansion. GOIL PLC, the leading indigenous Oil Marketing Company with the largest retail network, recorded over 1.06 billion litres in annual sales and a peak market share of 22.72% in October 2022, but has faced intense market pressures since then due to aggressive competition from new indigenous businesses and shifting consumer patterns.

    10 June 2026 · Business & Financial Times →

Thursday 14 May

  1. UGCFL26 Group A wraps with four wins and one draw

    Match week 10 concluded the Group Stages of the University of Ghana Corporate Football League Season 2 with five matches on 8th May at UG Main Stadium; four dominant wins and one dramatic draw determined the two semi-finalists from Group A.

    14 May 2026 · Joy Online →

Tuesday 5 May

  1. UGCFL Season 2 Group A final round preview released

    Week 10 marks the final round of the University of Ghana Corporate Football League Season 2 group stages, with the title race still wide open. The standout fixture features Lancaster Accra (16 points) against GFA (17 points), with GCAA leading the group.

    5 May 2026 · Joy Online →

Wednesday 29 April

  1. GOIL launches HSSEQ Week 2026 on psychosocial well-being

    GOIL PLC has launched its HSSEQ Week 2026, themed "Promoting a Positive Psychosocial Working Environment," bringing together staff, regulators, and industry stakeholders to highlight physical and mental well-being in the workplace. The initiative aims to deepen awareness, strengthen safety culture, and address emerging psychosocial risks.

    29 April 2026 · Business & Financial Times →

  2. GOIL launches 2026 HSSEQ Week emphasizing psychosocial workplace well-being

    GOIL PLC has launched its 2026 HSSEQ Week themed "Promoting a Positive Psychosocial Working Environment" to highlight the importance of physical and mental well-being in the workplace. The week-long celebration brings together staff, regulators, and industry stakeholders to deepen awareness, strengthen safety culture, and address emerging psychosocial risks.

    29 April 2026 · Joy Online →

Tuesday 28 April

  1. NPA chief warns oil firms to prioritise safety over profit

    The National Petroleum Authority's chief executive has cautioned oil marketing companies against prioritising profit at the expense of safety, emphasising that compliance with safety standards is mandatory and that investments in safety systems, staff training, and risk prevention are essential to protect lives, assets, and the environment.

    28 April 2026 · Joy Online →

Monday 27 April

  1. Asantehene honours McDan with gold medal for business contributions

    The Asantehene, Otumfuo Osei Tutu II, has awarded business magnate Daniel McKorley the Otumfuo Commemorative Gold Medal in recognition of his contributions to business, job creation and community development. The honour was presented at the World-Meets-in-Ghana Executive Dinner Ball held at Manhyia Palace as part of celebrations marking the Asantehene's 27th coronation anniversary.

    27 April 2026 · Joy Online →

Goil Plc — Ghanaian press coverage · Ghana Minute