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| Fri 30 May 2025, 13:43 | | Mahube final results February 2025 |
| View SENS |
Revenue from investments lowered to R49.8 million (R68.2 million) with profit for the year coming in less at R33.8 million (R52.9 million). Additionally, headline earnings per share decreased to 61.26c per share (95.85c per share).
Dividend distribution
A gross dividend per ordinary share of 15.00 cents, has been declared for the year ended 28 February 2025. Dividends are subject to Dividends Withholding Tax. The payment date for the dividend is Monday, 28 July 2025.
Integrated Annual Report
The Company published its integrated annual report, containing its audited annual financial statements for the year ended 28 February 2025 and the notice of annual general meeting (\"AGM\") on the websites of the JSE Ltd. and the Company on 30 May 2025. The summarised Annual Results and notice of AGM were posted to the relevant shareholders on Friday, 30 May 2025.
Notice of AGM
Notice was given that the AGM of Mahube shareholders will be held at 10:00 at African Pride Melrose Arch Hotel, 1 Melrose Blvd, Melrose Arch, Johannesburg and by means of electronic participation, on Wednesday, 17 September 2025, to transact the business as stated in the Notice of AGM.
Availability of B-BBEE Annual Compliance Report
Shareholders were hereby notified that the Company's annual B-BBEE compliance report read with the Broad-Based Black Economic Empowerment Amendment Act (Act 46 of 2013), has been published and is available on the Company's website, www.mahube.africa.
Company outlook and prospects
The Board will be looking to take a closer look at every available opportunity that speaks to our investment thesis and our core in terms of infrastructure development. We are still very much truthful to what our mission is about and going forward would like to maximise the value that shareholders can get out of their investment into the business. This is something we extend even to minority shareholders and would like them to know that we are driven to unlock value for all our stakeholders while being as prudent as possible in all our operations. |
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