KAP reports significant earnings and profit decline for 2025

KAP Limited's audited annual financial statements for the year ended June 30, 2025, revealed a 14% decrease in operating profit before capital items, falling to R1 937 million from R2 250 million in the prior year. Revenue, however, saw a modest 2% increase, reaching R29 615 million.

The company experienced a significant decline in profitability, with headline earnings per share decreasing by 47% to 24.1 cents, down from 45.3 cents. Earnings per share saw an even steeper drop of 99%, settling at 0.4 cents compared to 43.8 cents previously. Net asset value per share also slightly declined by 0.4% to 498 cents. The board of directors did not declare a dividend for the year.

The full audited financial statements and auditor's report are available on the JSE's cloudlink and the company's website. A live webcast of the results presentation is scheduled for 10:00 a.m. (SAST) on August 28, 2025.