ASTRAL FOODS LIMITED - Unaudited Interim Results for the six months ended 31 March 2025 and Cash Dividend Declaration

Unaudited Interim Results for the six months ended 31 March 2025 and Cash Dividend Declaration

Astral Foods Limited
Incorporated in the Republic of South Africa
Registration no: 1978/003194/06
Share code: ARL
ISIN: ZAE000029757

Unaudited interim results for the six months ended 31 March 2025 and cash dividend declaration

- Revenue increase 3.5%
- Operating profit decrease 51%
- Earnings per share decrease 49%
- Headline earnings per share decrease 54%
- Interim dividend 220 cps

FINANCIAL RESULTS
                                                      Unaudited             Unaudited        Audited
                                                     six months            six months      12 months
                                                          ended                 ended          ended
                                                       31 March              31 March   30 September
                                                           2025        %         2024           2024
                                                          R'000   change        R'000          R'000
Revenue                                              10 721 348      3.5   10 361 944     20 479 785
Profit before interest and tax (Operating profit)       270 997      (51)     549 850      1 124 909
Profit for the period                                   181 799      (49)     354 979        752 904
Total assets                                          8 584 088       (2)   8 794 827      9 097 786
Total equity                                          4 737 517        8    4 379 106      4 752 361
Total liabilities                                     3 846 571      (13)   4 415 721      4 345 425
Earnings per share                                        R4.72      (49)       R9.23         R19.59
Headline earnings per share                               R4.09      (54)       R8.84         R19.20
Dividends per share - declared out                 
of earnings for the period                         
- Interim dividend                                        R2.20                 R0.00          R0.00
- Final dividend                                                                               R5.20
- Total dividend                                                                               R5.20

REGULATORY REQUIREMENTS
The information in this announcement has been extracted from the full Unaudited Condensed
Consolidated Interim Results.

The contents of this short-form announcement are the responsibility of the Board of Directors of Astral.
The information in the short-form announcement is a summary of the full announcement available on the
Company's website at the following link: https://bit.ly/SensAstral0325, and accordingly does not contain
full or complete details. The full announcement can also be accessed online at the following JSE Cloudlink:
https://senspdf.jse.co.za/documents/2025/jse/isse/ARL/ie2025.pdf.

Any investment decisions by shareholders/investors should be based on the full announcement as released
on the JSE's website and published on the Company's website, www.astralfoods.com. Copies of the full
announcement may be requested from the registered office of the Company by e-mailing such a request
to contactus@astralfoods.com.

DECLARATION OF ORDINARY DIVIDEND NO 44
The Board has approved an interim dividend of 220 cents per ordinary share (gross) in respect of six
months ended 31 March 2025.

The dividend will be subject to Dividends Tax that was introduced with effect from 1 April 2012. In
accordance with paragraphs 11.17 (a) (i) to (ix) and 11.17 (c) of the JSE Listings Requirements the following
information is disclosed:
- The dividend has been declared out of income reserves;
- The local Dividend Tax is 20% (twenty per centum);
- The gross local dividend is 220 cents per ordinary share for shareholders exempt from Dividend Tax;
- The net local dividend is 176 cents per ordinary share for shareholders liable to pay Dividend Tax;
- Astral Foods Limited has currently 42 922 235 ordinary shares in issue (which includes 4 088 577 treasury
  shares held by a subsidiary and 306 718 held in terms a forfeitable share scheme); and
- Astral Foods Limited's income tax reference number is 9125190711.

Shareholders are advised of the following dates in respect of the interim dividend:
Last date to trade cum-dividend                               Tuesday, 10 June 2025
Shares commence trading ex-dividend                         Wednesday, 11 June 2025
Record date                                                    Friday, 13 June 2025
Payment of dividend                                           Tuesday, 17 June 2025

Share certificates may not be dematerialised or rematerialised between Wednesday, 11 June 2025 and
Friday, 13 June 2025, both days inclusive.

On behalf of the Board

T Eloff
Chairman

GD Arnold
Chief Executive Officer

Lanseria

Date of approval: 14 May 2025
Date of release: 19 May 2025

Sponsor
Nedbank Corporate and Investing Banking, a division of Nedbank Limited.






Date: 19-05-2025 07:05:00
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