In a bold move to reclaim its position as a market leader, GOIL PLC has outlined a strategic roadmap focused on market share expansion, competitive pricing, and innovative solutions to drive sustainability.
According to Mr Edward Abambire Bawa, Managing Director and Group Chief Executive Officer of GOIL PLC, the company’s priorities are clear: dominate the market, optimise costs, and embrace green energy innovations.
A New Era of Efficiency and Profitability
To achieve these goals, GOIL is implementing cost-effective sourcing strategies, reducing reliance on short-term financing, and slashing costs of sales, Mr Bawa said during an interview on Thursday, June 19, 2020.
The company’s financials show promising results, with improved profit margins in Q1 2025.
GOIL’s stock value has also surged, exceeding the projected 30% increase.
Shareholder Value on the Rise
Mr. Bawa highlighted GOIL’s improved profits and dividend ambition, signalling a strong commitment to delivering value to shareholders.
“We aimed for a 30% share price rise but have already exceeded expectations. This momentum will continue,” he affirmed.
A Brighter Future Ahead
With a clear roadmap and early successes, GOIL PLC is poised for a transformative year. As the company pushes towards greener energy solutions and market dominance, shareholders and industry analysts alike are taking notice.
“By next year’s AGM, we expect even greater strides,” Mr. Bawa concluded.
Source: https://energynewsafrica.com
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