Hudaco Industries Limited reported preliminary audited consolidated earnings results for the year ended November 30, 2012. For the period, the company's turnover was ZAR 3,492 million against ZAR 3,182 million a year ago. Operating profit was ZAR 437 million against ZAR 426 million a year ago. Profit before taxation was ZAR 398 million against ZAR 384 million a year ago. Profit for the year was ZAR 351 million against ZAR 338 million a year ago. Profit attributable to shareholders of the group was ZAR 340 million or 1.058 cents diluted per share against ZAR 325 million or 1.012 cents diluted per share a year ago. Headline earnings were 1.055 cents diluted per share against 1.010 cents diluted per share a year ago. Net cash from operating activities was ZAR 283 million against ZAR 283 million a year ago. Net investment in property, plant and equipment was ZAR 39 million against ZAR 64 million a year ago. Return on average NOA was 24.6% against 29.0% a year ago. Return on average equity was 21.8% against 23.8% a year ago.

The company declared final dividend of ZAR 3.10 per share, payable on March 11, 2013 to ordinary shareholders recorded in the register at the close of business on March 8, 2013. Trading ex-dividend commences on March 4, 2013.