Tongaat Hulett Ltd. (THL.L) posted an increase in full-year profit attributable to shareholders to 889 million South African Rands from 833 Rands last year.
Headline earnings attributable to shareholders rose to 891 million Rands from the prior year.
Revenue grew 24.8% to 12.08 billion Rands from a year ago, mainly as a result of increased sugar production together with improved realisations in the regional and European Union sugar markets.
Sugar production reached 1,150 million tons, up 14.3% from last year. This included increases of 42% in Mozambique, 12% in Zimbabwe and 7% in South Africa.
Looking ahead, overall, as one of the main drivers of revenue and earnings, the company expects sugar production to increase by between 12% and 25% in the 2012/13 season.
Further, the Board has declared a final dividend of 170 cents per share, bringing the annual dividend to 290 cents per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.