Camelot Ghana PLC recorded improved financial results for the six months ended June 30, 2026, supported by higher local sales, stronger gross profit and a significant reduction in finance costs.

The printing company reported total turnover of GH¢21.40 million, representing a 9.3% increase from the GH¢19.57 million recorded during the same period in 2025.

Local turnover remained the company’s main revenue source, rising by 10.3% from GH¢19.19 million to GH¢21.17 million. However, export turnover declined sharply from GH¢383,871.56 to GH¢235,426.57.

Profit After Tax Climbs to GH¢2.61 Million

Cost of sales increased by 7.3% to GH¢11.00 million, compared with GH¢10.25 million in the previous year. Despite the increase, gross profit grew by 11.6% from GH¢9.33 million to GH¢10.40 million.

Camelot Ghana recorded an estimated gross profit margin of approximately 48.6%, slightly higher than the 47.6% achieved in the corresponding period of 2025.

General administrative and selling expenses rose by 14.4% to GH¢6.36 million. This resulted in operating profit increasing by 7.3% to GH¢4.04 million, from GH¢3.77 million a year earlier.

A major boost to the company’s bottom line came from lower financing expenses. Finance costs declined by 33.3%, from GH¢849,506.54 to GH¢566,786.01.

Consequently, profit before tax increased by 19.1% to GH¢3.48 million, compared with GH¢2.92 million in the first half of 2025.

After accounting for taxation of GH¢869,463.01, Camelot Ghana’s profit after tax rose by 19.1% from GH¢2.19 million to GH¢2.61 million.

The company’s net profit margin improved to approximately 12.2%, compared with 11.2% in the same period last year.

Earnings Per Share Improves

Earnings per share increased from GH¢0.32 to GH¢0.382, representing growth of approximately 19.4%.

Camelot Ghana reported 6,829,276 issued shares. The statement of changes in equity did not indicate that a dividend had been paid during the six-month period.

Shareholders’ Funds Rise Above GH¢9 Million

As of June 30, 2026, the company’s total assets stood at GH¢25.12 million, up slightly from GH¢24.71 million in June 2025.

Non-current assets increased to GH¢10.56 million, while current assets declined marginally to GH¢14.56 million from GH¢14.63 million.

Cash and bank balances improved by 17.7% to GH¢2.69 million, while trade and other receivables increased to GH¢7.19 million. Inventory, however, declined from GH¢5.32 million to GH¢4.67 million.

Shareholders’ funds rose significantly by 51.6%, from GH¢6.22 million to GH¢9.44 million, mainly due to the increase in accumulated income surplus.

Total liabilities fell by 15.2% to GH¢15.69 million, from GH¢18.49 million. This was largely driven by a reduction in non-current interest-bearing loans from GH¢4.98 million to GH¢1.01 million.

However, the current portion of loans increased from GH¢3.09 million to GH¢3.62 million, while trade and other payables rose to GH¢9.52 million.

Outlook for Investors

Camelot Ghana’s half-year results show moderate revenue growth, improved profitability and a healthier capital position. The reduction in finance costs and long-term borrowings contributed significantly to the 19% growth in net profit.

However, investors may continue to monitor the decline in export sales, rising administrative expenses and the company’s relatively high level of current liabilities.

Overall, Camelot Ghana entered the second half of 2026 with stronger earnings, higher shareholders’ funds and reduced total debt obligations.