NWK profit after tax turns to R5 million in FY26; turnover slips 1.8% to R5.88 billion
Reuters2026/07/22 14:48By:Reuters
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- NWK earnings slumped in the year to April 30, 2026, with profit after tax falling to R5 million from R115 million.
- Turnover dipped 1.8% to R5.88 billion.
- Epko Oil Seed Crushing posted an after-tax loss of R65 million on below-average sunflower oil extraction across the industry.
- Chairman Pieter Jansen van Vuuren cited a midsummer drought followed by heavy late-February and March rains that hurt maize and sunflower quality.
- Board maintained its dividend policy, paying a 23 cents per share interim dividend and a 4 cents per share final dividend.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NWK Holdings Ltd. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.
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