GOIL PLC is preparing to reward its shareholders with a final dividend of GH¢0.060 per share after delivering a stronger profit performance in 2025, despite operating in a difficult petroleum market environment.

The proposed dividend, which amounts to about GH¢23.5 million, is one of the major highlights of the company’s 57th Annual General Meeting. It reflects the Board’s decision to return part of the company’s improved earnings to shareholders while still positioning the business for future expansion.

GOIL recorded a net profit after tax of GH¢90.67 million in 2025, compared with GH¢84.70 million in 2024. This represents a 7.05% increase in profit after tax. Profit before tax also rose to GH¢123.37 million, showing that the company was able to protect its margins even as the industry faced global and domestic pressures.

The company’s performance is notable because petroleum marketing companies continue to operate in a challenging environment shaped by price movements, cost pressures, competition, and changing consumer demand. Despite these difficulties, GOIL maintained a strong revenue base, recording gross revenue of GH¢18.55 billion during the year.

Management attributed the improved profitability to stronger operational efficiency and tighter cost control. The company recorded reductions in depot and station expenses, administrative costs, and finance costs, which helped support profit growth even though revenues were lower compared with 2024.

Shareholder value also improved during the year. Earnings per share increased from GH¢0.2160 in 2024 to GH¢0.2310 in 2025. GOIL’s share price also rose sharply from GH¢1.52 at the end of 2024 to GH¢2.96 by the end of 2025, signalling stronger investor confidence in the company’s performance and outlook.

For investors, the proposed GH¢0.060 per share dividend matters because it gives shareholders a direct cash return on their investment. It also shows that GOIL remains profitable enough to reward investors while still keeping room for future growth. The rise in earnings per share and share price further suggests that the market has been responding positively to the company’s performance.

Beyond the dividend, shareholders are also expected to consider a proposal to establish a GH¢1 billion Medium-Term Note Programme. The bond programme is intended to support business expansion and strategic investment opportunities. If approved and managed well, it could give GOIL additional financial flexibility to fund growth projects and strengthen its competitive position in the petroleum sector.

GOIL also highlighted its continued focus on environmental sustainability, health and safety, ethical business conduct, and corporate social responsibility. These areas are becoming increasingly important for investors who are paying closer attention to how companies manage long-term business risks.

Overall, GOIL’s 2025 results show a company that remained resilient in a tough operating environment. The rise in profit, improved earnings per share, strong revenue base, and proposed dividend all point to a business that continues to create value for shareholders. For investors, the key things to watch will be whether GOIL can sustain profit growth, manage costs effectively, and use its proposed GH¢1 billion financing programme to support long-term expansion without putting pressure on its balance sheet.