ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

Guinness Ghana records strongest performance in company’s history despite economic volatility

Thu, Oct 30 2025 6:14 AM
in Ghana General News
guinness ghana records strongest performance in companys history despite economic volatility
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT

Guinness Ghana records strongest performance in company’s history despite economic volatility

Guinness Ghana Breweries PLC has reported its strongest financial performance in company history for the year ended June 30, 2025, demonstrating resilience and strategic discipline amid Ghana’s fluctuating economic climate.

The announcement was made by Board Chairman Felix Addo in the company’s annual report to shareholders.

According to Mr Addo, the year under review was one of “resilience and renewal,” as the company not only navigated macroeconomic headwinds but also achieved record growth.

Revenue rose by 52 per cent to GH₵3.59 billion, while operating profit surged by an unprecedented 448 per cent.

Net profit also grew sharply to GH₵334 million, up from GH₵34 million in 2024, underscoring strong execution and management efficiency.

ReadAbout

Judiciary must function despite pending litigation — Nana Yaw Sarpong

Suspect in pharmacy assault video arrested

Bank of Africa promises continued support for Black Queens after watching win over Egypt

A major highlight of the year was the successful sale of Diageo’s majority stake in Guinness Ghana to Boissons Nouvelles Holding, a subsidiary of the Castel Group. Mr Addo described the transaction as a “landmark transition” that ushers in a new era of growth for the company.

Under the new arrangement, Guinness Ghana retains the licensed rights to produce and distribute Guinness and other Diageo brands in Ghana under long-term agreements, while also continuing to distribute Diageo’s international premium spirits through a separate distribution deal.

Mr Addo noted that Castel brings a strong African presence, a solid track record in beverage production, and the ambition to scale Guinness Ghana into its next phase of growth.

He expressed confidence that the combination of Castel’s long-term commitment and the strength of Guinness Ghana’s brands and workforce will drive greater value creation and sustainable expansion for shareholders.

Despite inflation peaking at 23.8 per cent in December 2024 and the cedi experiencing sharp depreciation before recovering to GH₵10.35 per US dollar by June 2025, Guinness Ghana closed the year on a strong note.

The Board reaffirmed its commitment to building on this momentum, maintaining market leadership, and ensuring long-term stability and profitability under its renewed strategic direction.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Judiciary must function despite pending litigation — Nana Yaw Sarpong

Judiciary must function despite pending litigation — Nana Yaw Sarpong

0
Suspect in pharmacy assault video arrested

Suspect in pharmacy assault video arrested

0

Bank of Africa promises continued support for Black Queens after watching win over Egypt

ECOWAS and UN Women convene in Abuja to advance young women’s political leadership in West Africa

Health minister must take responsibility for LHIMS lapses — Dr. Joshua Zaato

Health minister must take responsibility for LHIMS lapses — Dr. Joshua Zaato

NPP national executive committee will decide on Paul Afoko’s chairmanship intent — Dep Gen Secretary

‘He can’t get away with this’ – Rashid Tanko condemns assault by alleged soldier at pharmacy

Man assaults pharmacist and female customer

Today’s Front pages: Thursday, October 30, 2025

  • Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    0 shares
    Share 0 Tweet 0
  • Haruna Iddrisu urges review of salary disparities between doctors in academia and health service

    0 shares
    Share 0 Tweet 0
  • No justification for higher GAF entry age – Col. Festus Aboagye (Rtd.)

    0 shares
    Share 0 Tweet 0
  • Farewell, River Ayensu

    0 shares
    Share 0 Tweet 0
  • OSP declares former Finance Ministry Advisor wanted over SML corruption probe

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.