Financial Highlights

  2008 2007
Revenue (Rmillion) 7 106 6 395
Profit from operations (Rmillion) 1 132 838
Net profit attributable to shareholders (Rmillion) 649 3 457
Headline earnings (Rmillion) 583 61
Earnings per share - basic (cents) 629,7 3 292,8
Headline earnings per share - basic (cents) 565,6 58,1
Annual dividend per share (cents) 310,0 310,0

CHAIRMAN'S STATEMENT

It gives me great pleasure in this, being my last Chairman’s Statement of Tongaat Hulett, to congratulate the CEO, Peter Staude, his executive and staff for the outstanding results achieved in 2008 under difficult economic and business circumstances.

CHIEF EXECUTIVE'S REVIEW

Tongaat Hulett grew profit from operations in 2008 by 35 percent to R1,132 billion with headline earnings improving to R583 million (2007: R61 million) as it continues to capitalise on its competitive position as an agri-processing business which includes integrated components of land management, property development and agriculture.