By Fred SARPONG Total Petroleum Ghana Limited, one of the leading petroleum companies in the country, recorded a 112% increase in profit for last year, by generating GH¢13.166 million, as against GH¢6.22 million in 2008. According to the company, the profit was due to an improvement in its working capital position, decrease in financial costs, overall improvement in margins through cost efficiencies and innovation, as well as an improvement in network sales of 9% against the 2008 performance. The chairman of Total Ghana Limited, Stanislas Mittelman, who made this known at the company’s Annual General Meeting in Accra, said the board increased the investment budget of the company from GH¢4.402 million in 2008 to a new level of GH¢ 8.405 million in 2009. “The 2009 investment in our retail network is the first year of a three –year investment programme to improve the image and services we are offering at our service stations. Margins on fuels were not adjusted for all of 2009, with the la...