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Tue 17 Mar 2026
Close: 98c 
Day's move: 0c (0.00%)
Volume: 0
Trades: 0
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South Ocean - trading statement
The company advised that a reasonable degree of certainty exists that, for the year ended 31 December 2025:
- the headline earnings per share is expected to decrease by 69.8% to 6.81 cents when compared to the restated headline earnings per share of 22.56 cents for the corresponding prior period; an
- the basic and diluted earnings per share is expected to decrease by 69.9% to 6.81 cents when compared to the restated earnings per share of 22.64 cents for the corresponding prior period.
The results for the year ended 31 December 2025 are expected to be published on or about 19 March 2026.
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South Ocean - restatement of earnings
The company issued a restatement of its earnings and headline earnings per share for the interim period ending 30 June 2025 and the year ending 31 December 2024. The correction addresses an error where "Total comprehensive income for the year" was previously used instead of "Total comprehensive income attributable to equity holders of the parent," resulting in understated earnings per share. After correction, the interim period shows a loss of R18 915 000 (previously R30 831 000), with loss per share of 9.31 cents (previously 15.20 cents). For the year ended 31 December 2024, earnings increased to R46 018 000 from R33 873 000, with earnings per share of 22.64 cents (previously 16.67 cents). The adjustments reflect more accurate financial reporting.
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South Ocean Holdings Ltd. - Dealings in Securities
An associate of a director has dealt in shares of the company.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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