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Steamships Trading Company Limited (ASX:SST)

ALERT: Price-sensitive ASX Announcement for SST
Current share price for SST : $10.050 0.05 (0.50%)+
Announcement
Release
27 Feb 2026 12:26PM
Price at Release
$10.000
Full Release
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Summary
Steamships Trading Company Limited reported a significant improvement in its financial performance for the year ended 31 December 2025, with sales revenue increasing by 11.3% to K798.2 million and net profit attributable to shareholders rising by 46.3% to K67,060,000. Despite the absence of economic uplift from resource sector projects, the company benefited from strategic investments in assets, technology, and human capital, enhancing operational capabilities. The logistics, property, and hospitality divisions performed as expected, contributing to the overall success. Capital expenditure reached K201.6 million, with net operating cash flow rising by 12.6% to K176.3 million. A proposed final dividend of 65 toea per share was announced, pending approval. The annual general meeting is scheduled for 26th May 2026.
Key Points
  • Steamships Trading Company Limited reported an 11.3% increase in sales revenue for 2025.
  • Net profit attributable to shareholders rose by 46.3% to K67,060,000.
  • The company proposed a final dividend of 65 toea per share, with a total dividend for the year amounting to K1.05 per share.
  • The group's financial performance improved despite the absence of uplift in economic activity from resource sector projects.
  • Significant investments were made in assets, technology, and human capital.
  • The logistics, property, and hospitality divisions all performed in line with expectations.
  • Capital expenditure for the year was K201.6 million, and net operating cash flow increased by 12.6% to K176.3 million.
  • Depreciation and amortisation expenses increased to K123.9 million in 2025.
  • Interest expense on net borrowings was noted at K6.4 million for the year.
  • The annual general meeting is scheduled for 26th May 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.