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Ghana Oil Company Limited (Ghana)

Main Activities: Gasoline Stations | Petroleum Bulk Stations and Terminals
Secondary Activities: Petrochemical Manufacturing
Full name: Ghana Oil Company Limited Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Ghana Oil Company Limited (GOIL) is a Ghana-based company engaged in marketing and distribution of petroleum products in Ghana. The Company’s products include diesel, gasoline, premix, kerosene, bitumen, aviation fuel, liquid petroleum gas (LPG), lubricants, grease and special products such as brake fluids, mosquito coils and multi-insect killer, Goiltox.The Company also provides bunkering service for ocean vessels, and builds bulk storage tanks and lays pipelines to transport fuel and LPG across Ghana and the sub-region. GOIL has a large retail network, comprising 85 filling stations, 61 service stations and 138 consumer outlets spread across the country. Of the filling and service stations 81 are company owned and 65 are joint venture stations. The consumer outlets include companies, schools, hospitals, factories, hotels, banks and major parastatals. In addition, there are a number of other retail outlets established to market premix fuel and kerosene to rural areas. LP Gas filling plants have also been installed at some of the filling and service stations and at other locations in the country.

Legal Address
D 659/4, Kojo Thompson Road,P.O. Box Gp 3183
Accra; Greater Accra;

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Website: http://www.goil.com.gh

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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4.53%
Subsidiaries
Goenergy Company Limited
100%
Company Performance
Financial values in the chart are available after Ghana Oil Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency GHS. Absolute financial data is included in the purchased report.
Net sales revenue
-22.54%
Total operating revenue
-22.4%
Operating profit (EBIT)
-13.95%
EBITDA
-15.36%
Net Profit (Loss) for the Period
-20.58%
Total assets
-2.93%
Total equity
12.97%
Operating Profit Margin (ROS)
0.35%
Net Profit Margin
0.05%
Return on Equity (ROE)
-5.39%
Debt to Equity Ratio
31.92%
Quick Ratio
0.05%
Cash Ratio
0.01%

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