Chamwe Kaira
Agra has posted its strongest financial performance in its 45-year history, with profit after tax reaching N$115.1 million for the year ended 31 July 2025, up 56.7% from the previous year.
Total revenue rose by 5.5% to N$2.8 billion, while gross profit increased by 9.2% to N$556.3 million. Operating profit grew by 43.7% to N$155.4 million.
“These results reflect improved margins, disciplined cost control, and strategic expansion,” the company said.
Agra’s share price increased by 4.9% to N$3.85 as of 31 July 2025, delivering a total return of 11%, including dividends.
The company’s net asset value rose to N$802.6 million, with net asset value per share climbing from N$6.86 to N$7.86, demonstrating continued value creation for shareholders.
“This milestone is not merely a reflection of financial performance but of the enduring partnerships we’ve built with Namibian farmers, entrepreneurs, and communities. Our achievements are rooted in cooperation, not profit at the expense of our clients, but shared success through loyalty, service, and mutual growth,” the company said.
Despite drought conditions and livestock disease outbreaks, Agra said it remained focused on supporting the agricultural sector.
“We expanded our footprint with new developments in Maltahöhe, Omaruru, and Windhoek. Our retail and wholesale operations introduced new product lines and offerings, enhancing convenience and accessibility for our clients. We also continued to invest in people and communities,” the company said.
Agra directed over N$3.1 million toward agricultural sponsorships, training, and corporate social investment initiatives.
A further N$2.4 million went to staff development, with more than half of the workforce benefiting from training opportunities.
Looking to the new financial year, Agra said it aims to build resilience and drive sustainable growth in a challenging operating environment.
“Our strategy remains rooted in supporting producers, not through short-term gains, but through long-term partnerships that prioritise value, trust, and shared success. We will continue to invest in infrastructure, expand our product and service offerings, and enhance operational efficiency to meet the evolving needs of our clients.”
Agra said it remains committed to maintaining financial discipline and managing risks in a high-interest-rate environment.
“By fostering collaboration across our communities and remaining agile in our execution, we aim to strengthen our market position and continue serving as a trusted partner in advancing Namibian agriculture,” Agra said.
Caption
Agra is celebrating its 45th anniversary.
- Photo: Contributed
