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Thu 28 Aug 2025
Close: 96c 
Day's move: 0c (0.00%)
Volume: 0
Trades: 0
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Revenue for the interim period came in 10.1% lower at R1.2 billion (2024: R1.3 billion) whilst operating profit plummeted 146.4% to an operating loss of R31.6 million (2024: profit of R68.1 million). Loss for the period attributable to equity holders of the parent was R18.9 million (2024: profit of R43.8 million). In addition, headline loss per share was reported at 15.2 cps (2024: Headline earnings per share of 21.5 cps).
Interim dividend declaration
The Company’s policy is to consider the declaration of a final dividend after its financial year-end and no interim dividend is declared.
Company prospects
The macro-economic environment in which the Group operates is not expected to improve in the near term, as political and fiscal uncertainties continue to shape economic conditions. In response, the Group is prioritising customer service, cost reduction and the use of technology to drive growth, productivity and long-term efficiencies, thereby enhancing the profitability of its operating entities.
The Board remains committed to advancing B-BBEE, recognising the importance of transformation in the markets in which the Group operates. The Group is proud to hold a Level 1 B-BBEE status currently.
Management is confident that the above actions will improve the Group’s profitability
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Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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