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salungano|coal-mining

Salungano improves financial performance

Salungano improves financial performance

Photo by Creamer Media

27th March 2026

By: Sabrina Jardim

Senior Online Writer

     

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JSE-listed Salungano Group has reported a material improvement in its financial performance for year ended March 31, 2025, compared with the prior year.

The coal miner reports an increase in revenue to R4.37-billion, compared with R3.65-billion in the prior year, as well as an increase in gross profit to R372-million from R292-million in financial year 2024.

Salungano’s operating profit improved to R189-million during the period, from a R309-million operating loss in 2024.

Earnings per share increased to 2.54c from a 34.89c loss per share in the previous year, while headline earnings per share increased to 2.62c from a 111.91c headline loss per share in 2024.

No dividend was declared for the period.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

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