Economy

ESLA Plc reports Q3 2024 financial performance, showing shift in asset strategy and strong income growth

ESLA Plc, Ghana’s Special Purpose Vehicle (SPV) created to manage the energy sector debt, reported a slight dip in total assets at the close of Q3 2024, reaching GHS 5.31 billion, down from GHS 5.35 billion a year earlier. This decrease reflects a strategic reallocation, as the company moved entirely away from non-current assets, previously valued at GHS 629 million, and increased its focus on current assets, which rose significantly to GHS 5.31 billion from GHS 4.72 billion. The company’s liabilities also saw a decline, with total liabilities reduced to GHS 4.81 billion from GHS 5.03 billion. Non-current liabilities decreased...
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