Chamwe Kaira
Agra Limited has reported a 40.5% increase in profit after tax to N$62.1 million for the six months ended 31 January 2026.
The company released its unaudited results, showing growth across key financial measures.
Revenue rose by 4.4% to N$1.593 billion from N$1.526 billion in the same period last year.
Gross profit increased by 10.7% to N$312.4 million.
Operating profit rose to N$86.2 million from N$60.7 million.
Earnings per share increased to 121.47 cents from 86.46 cents.
Net asset value per share rose to N$8.23 from N$7.16.
Agra said the results were driven by improved operations, recovery of bad debts and cost control.
“Results can be attributable to enhanced operational performance, bad debt recoveries, and disciplined cost management,” the company said.
During the period, the livestock sector faced disease outbreaks.
More than 1 500 cases of lumpy skin disease were recorded.
Foot-and-mouth disease in South Africa, Botswana and Zimbabwe increased the risk of cross-border spread.
Agra said Namibia’s foot-and-mouth disease-free status remains important for access to export markets.
The company said any loss of this status would affect livestock and red meat exports.
Agra has increased biosecurity at auction sites.
Measures include disinfection and tighter control of animal movement.
The company said it will continue to focus on operations, capital use and maintaining its position in the market.
