Link: https://links.sgx.com/1.0.0/corporate-announcements/XAAHJC6PYXCARQAF/2e75b21c80408f4f7af10e6298d8a429ed3c84f7dfce52d84796d11589292d41

Summary:

• Record Revenue: JB Foods Limited reported revenue of USD 1.66 billion for the 15-month period ending 31 March 2025, a 178.2% increase from USD 595.8 million in the previous 12-month period.

• EBITDA Surge: Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose by 209.8% to USD 76.3 million, up from USD 24.6 million.

• Positive Operating Cash Flow: The company achieved a net operating cash inflow of USD 142.1 million, a significant turnaround from a USD 45.1 million outflow previously.

• Dividend Declared: A final dividend of 2.05 Singapore cents per share has been proposed, reflecting the company's strong financial performance.

• Market Challenges: The company faced unrealised fair value mark-to-market losses of USD 2.8 million on derivative financial instruments related to hedging activities, down from USD 12.3 million in the prior period.

• Outlook: JB Foods anticipates continued volatility in cocoa bean prices and supply shortages due to adverse weather in West Africa, geopolitical tensions, and global economic uncertainties, which may impact processing margins and revenue.