Eswatini Financial Times
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Inala Capital generates E1.6 million in dividend income

Inala Capital generates E1.6 million in dividend income

By Delisa Magagula

Inala Capital Limited has reported dividend income amounting to E1.6 million for the financial year ended December 31, 2024.

According to the audited results published by the company, the dividend income was generated from investments in three investee companies.

Inala Capital stated that the dividend receipts arose from the revaluation of investments, which contributed to a fair value gain of E4.3 million, offsetting a foreign exchange translation loss of E1.5 million. This led to an overall increase in the company’s net asset value to E41.79 million as of 31 December 2024.

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Management reported that, during the year, the company continued to pursue its strategy of investing in food-related businesses, including investments in KFC Eswatini and General Fresh.

KFC achieved topline growth

According to the report, KFC Eswatini achieved stable topline growth despite challenging trading conditions, while General Fresh recorded satisfactory operational outcomes and expansion of its product portfolio.

Inala Capital confirmed that the board remains committed to optimising portfolio value through disciplined acquisitions and enhancing operational efficiencies.

In its statement, the company noted that financial discipline would remain a key priority, with efforts to maintain strong liquidity supported by prudent investment allocations.

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The company further reported that its share price closed the year at E0.86 per share, with equity investments valued at E30.7 million and other investments valued at E18.2 million. The total assets of the company stood at E49.75 million, while liabilities were reported at E7.96 million for the period under review.

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