Page 185 - Profile's Stock Exchange Handbook - 2026 Issue 2

Profile’s Stock Exchange Handbook: 2026 - Issue 2 JSE - SOU
Southern Sun Ltd. South Ocean Holdings Ltd.

ISIN: ZAE000272522 SHORT: SSU CODE: SSU ISIN: ZAE000092748 SHORT: S.OCEAN CODE: SOH
REG NO: 2002/006356/06 FOUNDED: 1969 LISTED: 2019 REG NO: 2007/002381/06 FOUNDED: 1989 LISTED: 2007
NATURE OF BUSINESS: Southern Sun is Southern Africa’s leading NATURE OF BUSINESS: South Ocean Holdings is a South African
hospitality group, comprising over 90 hotels and resorts, a wide manufacturer and distributor of low-voltage electric wire, cable,
selection of restaurants and more than 300 conference and and related products. South Ocean Holdings is a preferred supplier
in the local market, servicing the building and construction
banqueting venues located in South Africa, Africa, Seychelles, and industries, the mining industry and the country’s parastatals. South
the Middle East. Ocean Holdings also export into countries in the Southern African
SECTOR: ConsDisr--Travel&Leis--Travel&Leis--Hotels&Motels Development Community (SADC) and Africa.
NUMBER OF EMPLOYEES: 5 584 SECTOR: Inds--IndsGoods&Services--Elec&ElecEquip--Components
DIRECTORS: Ahmed M H (ld ind ne), Gina S C (ind ne), Govender T G (ne), NUMBER OF EMPLOYEES: 420
Molefi Dr L M (ind ne), Ngcobo J G (ind ne), September Dr C C (ind ne), DIRECTORS: Chen L L (ne), Hohman M M (ne), Lalla N (ind ne),
Copelyn J A (Chair, ne), von Aulock M N (CEO), McDonald L (CFO) Yeh J H (ind ne), Yeh S N (alt), Van Rensburg J (Chair, ne),
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2025 Smith A (CEO), Basson W P (CFO)
TIH Prefco (RF) (Pty) Ltd. 41.26% MAJOR ORDINARY SHAREHOLDERS as at 5 Feb 2025
Government Employees Pension Fund 8.11% Joseph Investments (Pty) Ltd. 30.87%
Allan Gray 7.83% Hong Tai Electric Industrial Group 30.74%
POSTAL ADDRESS: Private Bag X200, Bryanston, 2021 SAF Metal Holdings LLC 20.19%
EMAIL: companysecretary@southernsun.com POSTAL ADDRESS: PO Box 123738, Alrode, 1451
EMAIL: info@southoceanholdings.co.za
WEBSITE: www.southernsun.com WEBSITE: southoceanholdings.co.za
TELEPHONE: 011-461-9700 TELEPHONE: 011-864-1606
COMPANY SECRETARY: L R van Onselen COMPANY SECRETARY: Whitney Thomas Green
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd. SPONSOR: AcaciaCap Advisors (Pty) Ltd.
AUDITORS: Deloitte & Touche Inc. AUDITORS: BDO Inc.
CAPITAL STRUCTURE Authorised Issued CAPITAL STRUCTURE Authorised Issued
SSU Ords no par val 2 000 000 000 1 343 417 247 SOH Ords 1c ea 500 000 000 203 276 794
DISTRIBUTIONS [ZARc] DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt Ords 1c ea Ldt Pay Amt
Final No 2 10 Jun 25 17 Jun 25 25.00 Final No 9 14 Apr 25 22 Apr 25 5.50
Final No 1 11 Jun 24 18 Jun 24 12.50 Final No 8 16 Apr 24 22 Apr 24 11.00
LIQUIDITY: Mar26 Avg 4m shares p.w., R37.0m(15.5% p.a.) LIQUIDITY: Mar26 Avg 55 986 shares p.w., R74 592.1(1.4% p.a.)
SSU 40 Week MA TRAV S.OCEAN 40 Week MA ELEE
1200 300
1000 250
800 200
600 150
400 100
200 50
0 0
2022 2023 2024 2025 2026 2022 2023 2024 2025 2026
FINANCIAL STATISTICS FINANCIAL STATISTICS
Sep 25 Mar 25 Mar 24 Mar 23 Mar 22 Dec 25 Dec 24 Dec 23 Dec 22 Dec 21
(R million) (R ‘000)
Interim Final Final Final Final(rst) Final Final(rst) Final Final Final
Turnover 3 122 6 609 6 047 5 386 2 604 Turnover 2 502 283 2 567 980 2 363 575 1 873 155 2 001 546
Op Inc 517 1 562 1 394 1 292 239 Op Inc 11 036 79 988 142 905 60 860 112 194
NetIntPd(Rcvd) 91 219 291 306 351 NetIntPd(Rcvd) 37 330 34 665 22 141 2 673 6 109
Tax 110 420 327 270 - 2 Tax - 11 016 11 432 32 130 13 223 31 020
Minority Int 3 - 2 - - - Minority Int - 29 130 - 12 145 - - 1 464 -
Att Inc 329 1 024 856 1 014 - 156 Att Inc 13 834 33 891 88 634 46 428 75 065
TotCompInc/Loss 265 987 938 1 054 - 144 TotCompInc/Loss - 15 296 33 873 88 694 44 974 75 082
Hline Erngs-CO 333 1 002 780 763 - 135 Hline Erngs-CO 13 834 45 857 88 634 44 649 74 819
Fixed Ass 10 572 10 407 10 217 9 897 10 328 Fixed Ass 275 154 269 039 242 226 244 202 200 645
Inv in Assoc 382 452 385 374 325 Inv in Assoc - 354 9 045 - -
Def Tax Asset 359 355 442 312 298 Inv & Loans 87 263 6 596 - -
Tot Curr Ass 1 379 1 019 1 241 1 470 1 254 Def Tax Asset 42 967 22 423 11 897 1 210 583
Ord SH Int 9 128 9 327 8 517 8 190 7 209 Tot Curr Ass 1 059 678 867 990 738 165 635 166 547 926
Minority Int 53 - 23 - 17 - 18 97 Ord SH Int 712 266 709 630 670 430 595 397 567 254
LT Liab 2 798 2 585 3 812 3 927 5 206 Minority Int - 56 835 - 27 705 - - 1 464 -
Tot Curr Liab 1 979 1 696 1 362 1 407 1 095 LT Liab 181 230 218 377 159 472 50 846 75 215
PER SHARE STATISTICS (cents per share) Tot Curr Liab 596 794 333 508 255 937 240 694 112 989
EPS (ZARc) 24.50 76.40 61.70 68.70 - 10.60 PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 24.80 74.80 56.20 51.70 - 9.20 EPS (ZARc) 6.81 22.64 43.60 22.12 36.93
DPS (ZARc) - 25.00 12.50 - - HEPS-C (ZARc) 6.81 22.56 43.60 21.96 36.81
NAV PS (ZARc) 680.18 694.49 637.02 557.90 487.75 DPS (ZARc) - 5.50 11.00 6.00 9.00
3 Yr Beta 0.20 0.33 0.27 0.97 - NAV PS (ZARc) 322.40 335.50 329.80 292.20 279.10
Price High 999 994 550 580 388 Price High 229 285 134 174 130
Price Low 695 450 383 295 212 Price Low 92 99 100 91 22
Price Prd End 855 830 505 430 338 Price Prd End 124 197 124 121 129
RATIOS RATIOS
Ret on SH Fnd 7.23 10.98 10.07 12.41 - 2.14 Ret on SH Fnd - 2.33 4.97 13.22 7.57 13.23
Ret On Tot Ass 6.53 10.95 8.91 7.71 - 0.65 Ret On Tot Ass - 1.83 3.67 11.12 6.57 14.04
Oper Pft Mgn 16.56 23.63 23.05 23.99 9.18 Oper Pft Mgn 0.44 3.11 6.05 3.25 5.61
D:E 0.35 0.30 0.47 0.48 0.72 D:E 0.41 0.35 0.26 0.11 0.16
Int Cover 0.30 2.31 6.45 22.77 18.37
183