KAL Group declares dividend despite slight profit dip

KAL Group (JSE:KALE) has announced its condensed consolidated financial results for the six months ended March 31, 2025, declaring an interim dividend of 56.00 cents per share, a 3.7% increase from the 54.00 cents per share declared in the corresponding period last year. The company reported gross profit of ZAR1.66 billion, a slight increase of 0.9% year-over-year. EBITDA decreased by 2.1% to ZAR557.1 million. Profit before taxation saw a 3.9% decrease to ZAR440.6 million. Earnings per share also dipped by 3.6% to 394.29 cents. The dividend will be paid on June 9, 2025, to shareholders recorded by June 6, 2025.