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Wed 2 Sep 2026
Close: 94c 
Day's move: 0c (0.00%)
Volume: 0
Trades: 0
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Revenue for the period increased by 30.1% to R1.5 billion (R1.2 billion), with gross profit up by 208.9% to R75.9 million (R24.6 million). Operating profit recovered by 195.2% to R30.1 million (loss of R31.6 million). Profit and total comprehensive profit attributable to equity holders of the parent was reported at R16.3 million (loss of R18.9 million). Furthermore, headline earnings per share came in at an improved 8.02 cents per share (loss of 9.31 cents per share).
Dividend
In line with the Group’s dividend policy, South Ocean Holdings has not declared an interim dividend as this is considered at year end.
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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