BOST Hits GH35m Trading Profit In 10 Months

The Bulk Oil Storage and Transport Company Limited (BOST) has made a trading profit of GHC35 million in the last 10 months.

The latest development project a bright future under the leadership of Alfred Obeng, the Managing Director.

The positive news is an indication that the new leadership of the company is charting a new course.

According to the Local and Senior Staff Union of BOST, the new MD’s strategic approach to doing business is largely responsible for the surge in profit in spite of some negative news in the beginning of the year.

Speaking to newsmen, the workers predicted a bright future for the company in view the various project lined up to expand the activities of BOST across the country.

The staffs are particularly excited about management decision to construct an LPG terminal at Tema

“This is a project which will bring so much revenue to the company thereby making it more profitable,” the workers said.

Another project which has been embraced by the staff according to Abdul Jalil Abdul Rahman, chairman of the senior staff union is the construction of the Bibiani Petroleum Depot. The Depot is strategically located such that when completed will serve Western North, part of Ashanti Region, Brong Ahafo, and part of Central region.

The Chairman of the Junior Staff Union, Mr Manpaya, also told this newspaper that workers are happy with the new measures Mr Alfred Obeng and management are putting in place to make the company more profitable and viable.

“Our MD is hardworking and he has BOST at heart; even on his birthday this year, he travelled to the North to inspect projects. We are always amazed at his dedication to the job. It is for this reason that we are strongly behind him and will continue to fight anybody or group of people who will try to sabotage him,” they warned.