https://newsletter.en.creamermedia.com
Financial|Industrial
Financial|Industrial
financial|industrial

KAP lifts full-year revenue, but profit tracks lower

20th August 2019

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

Diversified industrial company KAP Industrial Holdings has grown its revenue for the financial year ended June 30 by 12% year-on-year to R25.6-billion, but operating profit decreased by 13% to R2.5-billion.

In a SENS announcement that contained extracted financial information from the audited financial results for the year, published on Tuesday, KAP said its headline earnings a share fell by 25% year-on-year to 45.9c from 61.6c in the prior financial year.

The group also announced that earnings a share had decreased by 34% to 38.3c from 57.7c.

However, the net asset value a share increased by 4% to 474c a share, from 454c in the prior corresponding period.

The company also announced a dividend of 23c a share, which was unadjusted from the prior corresponding period and which would be paid on September 23.

KAP is set to hold its financial results presentation on Wednesday.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Tractor & Grader Supplies
Tractor & Grader Supplies

Tractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Martin Creamer talks about safety, ruthenium and a new palladium centre plan.
On-The-Air (18/04/2025)
19th April 2025 By: Martin Creamer
Magazine round up | 18 April 2025
Magazine round up | 18 April 2025
18th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.167 0.256s - 169pq - 2rq
Subscribe Now