KAL Group Full Year 2023 Earnings: EPS: R6.07 (vs R5.63 in FY 2022)

KAL Group (JSE:KAL) Full Year 2023 Results

Key Financial Results

• Revenue: R22.4b (up 43% from FY 2022).
• Net income: R426.9m (up 7.7% from FY 2022).
• Profit margin: 1.9% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: R6.07 (up from R5.63 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the The Fuel Company segment contributing a total revenue of R12.9b (58% of total revenue). Notably, cost of sales worth R19.5b amounted to 87% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to R1.45b (58% of total expenses). Explore how KAL's revenue and expenses shape its earnings.

KAL Group shares are up 7.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for KAL Group that you need to be mindful of.

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