Astral Foods declares interim dividend amid profit decline

Astral Foods (JSE:ARL) has released its unaudited interim results for the six months ended March 31, 2025, reporting a 3.5% increase in revenue to ZAR10.72 billion. However, operating profit saw a significant decrease of 51% to ZAR270.99 million, resulting in a 49% drop in profit for the period to ZAR181.79 million. Headline earnings per share fell by 54% to ZAR4.09. Despite these declines, the board has declared an interim dividend of 220 cents per ordinary share, payable on June 17, 2025, to shareholders recorded by June 13, 2025. The last day to trade cum-dividend is June 10, 2025.