Steamships Trading Company (SST) investor relations material

Executive summary

• Revenue from continuing operations rose 11.3% year-over-year to K798.2 million, with profit attributable to members up 46.3% to K67.1 million.

• Underlying profit attributable to shareholders more than doubled, up 104.7% to K65.3 million, reflecting operational improvements and strategic investments.

• Net operating cash flow increased 12.6% to K176.3 million, and a total dividend of K1.05 per share was proposed for the year.

Financial highlights

• Profit from continuing operations after tax increased 49.2% year-over-year to K70.1 million.

• Basic and diluted EPS rose to 216.3 toea from 147.8 toea year-over-year.

• Net assets grew to K1,133.3 million from K1,084.9 million at the prior year-end.

• Net tangible asset backing per share increased to K34.08 from K32.52.

• Profit before tax margin improved to 12.83% from 9.68% year-over-year.

Outlook and guidance

• Maintains a positive but measured outlook, with disciplined capital allocation and focus on balance sheet strength and operational efficiency.

• Continues to monitor opportunities in natural resources projects while prioritizing prudent capital management.