GOIL PLC, a leading oil marketing company in Ghana, increased its profit by 26% in 2022, reaching GH¢123.89 million.
This was higher than the GH¢98.38 million recorded in 2021. The company also announced a final dividend of ¢0.056 per share for its shareholders for the 2022 financial year, which was 19% more than the previous year.
The company’s market share rose from 15.32% in 2021 to 20.11% in 2022. At the 54th Annual General Meeting, the Board Chairman, Reginald Daniel Laryea, said that the company will continue to improve its operations and systems to deliver quality products and services.
He also reaffirmed the company’s commitment to provide value to its stakeholders and maintain its leadership position in the oil marketing industry.