Page 140 - Profile's Stock Exchange Handbook - 2025 Issue 4

JSE - KOR Profile’s Stock Exchange Handbook: 2025 - Issue 4
Kore Potash plc Kumba Iron Ore Ltd.

ISIN: GB00BYP2QJ94 SHORT: KORE CODE: KP2 ISIN: ZAE000085346 SHORT: KUMBA CODE: KIO
REG NO: 10933682 FOUNDED: 2017 LISTED: 2018 REG NO: 2005/015852/06 FOUNDED: 2005 LISTED: 2006
NATURE OF BUSINESS: Kore Potash is an advanced stage mineral NATURE OF BUSINESS: Kumba Iron Ore, a business unit of Anglo
exploration and development company that is incorporated in American plc (its largest shareholder), is a single commodity
England and Wales and listed on AIM, a market operated by the iron ore minerals company listed on the JSE in South Africa, with
London Stock Exchange, the Australian Securities Exchange (ASX) a market cap of R198 billion (as at 31 December 2023). Kumba
and the JSE in South Africa. Through the development of the competes in the global iron ore market through its premium
Sintoukola potash basin in the Republic of Congo (RoC), Kore Potash product delivery, with its business structured around its two open-
is working to bring a number of globally significant potash deposits pit mines in the Northern Cape province of South Africa.
into production. Focus is on two high-grade projects: Kola and DX. SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--Iron & Steel
SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--General Mining NUMBER OF EMPLOYEES: 11 612
NUMBER OF EMPLOYEES: 21 DIRECTORS: Bomela M S (ld ind ne), Fernandes R (ne), Goliath M
DIRECTORS: Kumar Mehta A K (ne), Netherway D (snr ind ne), Pulinx W (ne), (ind ne), Jeawon A (ind ne), Jenkins M A (ind ne), Langa-Royds N B
Trollip J (ind ne), Hathorn D A (Chair, ne), Baya A (CEO), Maruta A (CFO) (ind ne), Mokhesi N V (ind ne), Ntsaluba S S (ind ne), Walker M (ne),
MAJOR ORDINARY SHAREHOLDERS as at 2 Apr 2025 Goodlace T P (Chair, ind ne), Zikalala N D (CEO), Mazarura B A (CFO)
Princess Aurora Company Pte. Ltd. 15.12% MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024
Harlequin Investments Ltd. 12.73% Anglo South Africa (Pty) Ltd. 69.71%
Sociedad Quimica y Minera de Chile SA (SQM) 12.29% Industrial Development Corporation of SA Ltd. 12.88%
MORE INFO: www.sharedata.co.za/sdo/jse/KP2 Government Employees Pension Fund 2.65%
COMPANY SECRETARY: SJCS and Henko Vos POSTAL ADDRESS: Postnet Suite 153, Private Bag X31, Saxonwold, 2132
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/KIO
SPONSOR: Questco Corporate Advisory (Pty) Ltd. COMPANY SECRETARY: Fazila Patel
AUDITORS: BDO LLP TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
CAPITAL STRUCTURE Authorised Issued SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
KP2 Ords USD0.001c - 4 856 249 499 AUDITORS: PwC Inc.
LIQUIDITY: Oct25 Avg 7m shares p.w., R4.7m(7.6% p.a.) CAPITAL STRUCTURE Authorised Issued
KIO Ords 1c ea 500 000 000 322 085 974
KORE 40 Week MA INDM
100 DISTRIBUTIONS [ZARc]
90 Ords 1c ea Ldt Pay Amt
80 Interim No 34 19 Aug 25 25 Aug 25 1660.00
70 Final No 33 11 Mar 25 17 Mar 25 1990.00
60 LIQUIDITY: Oct25 Avg 3m shares p.w., R841.2m(42.3% p.a.)
50
40 KUMBA 40 Week MA INDM
80000
30
20 70000
10
2021 2022 2023 2024 2025 60000
FINANCIAL STATISTICS 50000
(USD ’000) Jun 25 Dec 24 Dec 23 Dec 22 Dec 21 40000
Interim Final Final Final Final
Op Inc - 336 - 1 119 - 1 137 - 1 268 - 1 951 30000
NetIntPd(Rcvd) - 67 - 29 - 51 - 63 - 10 2021 2022 2023 2024 2025 20000
Minority Int - 1 - - 1 - -
Att Inc - 435 - 1 146 - 1 090 - 1 514 - 1 941 FINANCIAL STATISTICS
TotCompIncLoss 19 817 - 10 755 3 955 - 10 174 - 13 471 Jun 25 Dec 24 Dec 23 Dec 22 Dec 21
Fixed Ass 418 327 356 385 483 (R million) Interim Final Final Final Final
Tot Curr Ass 3 632 1 513 1 765 5 247 11 291 Turnover 34 535 68 529 86 234 74 032 102 092
Ord SH Int 198 039 167 868 175 653 168 212 177 983 Op Inc 12 922 26 361 40 705 26 880 59 508
Minority Int - 565 - 564 - 564 - 562 - 562 NetIntPd(Rcvd) - 326 - 290 - 68 108 - 494
LT Liab - - 2 200 - - Minority Int 2 226 4 576 7 080 4 687 10 391
Tot Curr Liab 2 740 3 920 1 241 750 1 075 Att Inc 7 112 14 699 22 725 14 968 33 266
PER SHARE STATISTICS (cents per share) TotCompIncLoss 9 024 19 308 30 840 20 368 44 484
HEPS-C (ZARc) - 0.18 - 0.55 - 0.55 - 0.66 - 0.88 Fixed Ass 56 763 56 006 48 822 43 029 43 233
NAV PS (ZARc) 76.06 72.35 90.95 83.74 89.32 Inv & Loans 1 061 989 877 796 795
3 Yr Beta - 0.04 0.08 - 0.21 0.45 0.95 Tot Curr Ass 31 316 32 859 39 501 30 872 32 865
Price High 100 97 19 34 44 Ord SH Int 53 264 52 815 52 019 41 046 44 617
Price Low 38 12 10 16 15 Minority Int 16 644 16 485 16 203 12 771 13 841
Price Prd End 61 58 16 18 22 LT Liab 17 941 17 366 15 743 13 386 13 396
RATIOS Tot Curr Liab 10 295 12 080 14 759 15 456 10 029
Ret on SH Fnd - 0.44 - 0.68 - 0.62 - 0.90 - 1.09 PER SHARE STATISTICS (cents per share)
D:E - - 0.01 - - HEPS-C (ZARc) 2 226.00 3 894.00 7 080.00 5 619.00 10 365.00
Current Ratio 1.33 0.39 1.42 7.00 10.50 DPS (ZARc) 1 660.00 3 867.00 4 680.00 4 500.00 10 320.00
NAV PS (ZARc) 16 537.00 16 398.00 16 151.00 12 744.00 13 853.00
3 Yr Beta 1.44 1.53 1.63 1.46 1.31
Price High 40 555 61 478 63 798 70 500 80 338
Price Low 25 502 31 417 38 575 33 991 38 549
Price Prd End 28 504 32 625 61 478 49 230 46 009
RATIOS
Ret on SH Fnd 26.72 27.81 43.69 36.52 74.68
Oper Pft Mgn 37.42 38.47 47.20 36.31 58.29
D:E 0.26 0.28 0.29 0.37 0.23
Current Ratio 3.04 2.72 2.68 2.00 3.28
Div Cover 1.34 1.18 1.51 1.04 1.00
138