Financial Results

The earnings of R52.1 million represent a 12.5% increase compared to the previous year. The headline earnings per share increased from 268 cent per share to 310 cent per share.

The good results, can be attributed to an increase in the profit contributions of the Trade Division, Carpe Diem Raisins, and SA Dorper.

The Meat Division, Fuel Department, and Motoring, performed weaker than the previous year due to weak market- and economic conditions.