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• Salungano Group posts impressive earnings growth, with headline earnings per share turning positive, fueled by strong coal demand from Eskom.
• Eskom's recovery and the shift back to fossil fuels contribute to Salungano’s operational success, as the company benefits from increased coal output and better grid stability.
• The company’s Q4 2025 performance highlights its vital role in South Africa’s energy revival, positioning Salungano as a key player in the country’s coal-driven energy strategy

 Salungano Group, one of South Africa’s leading coal suppliers, has reported a remarkable recovery in its earnings for the year ending 31 March 2025. 

The company’s headline earnings per share (EPS), which measures profitability, is expected to range between 0.5 cents and 4.0 cents, a stunning turnaround from a headline loss per share of 111.91 cents in the same period last year. 

With EPS rising sharply from a loss of 34.89 cents last year to positive earnings, Salungano’s results demonstrates the broader recovery in South Africa’s energy sector and, more specifically, the rebound in Eskom’s coal-driven power generation.

The increase in earnings comes as South Africa’s energy landscape has seen a marked improvement, with Eskom managing to reduce load-shedding significantly in 2025. 

This has allowed Salungano to capitalize on the growing demand for coal to fuel Eskom’s power stations, which has been a key driver of their performance. 

The company’s increased output and stronger demand for coal are the direct result of the energy sector’s efforts to stabilize and recover from years of instability.

As Eskom's recovery continues, Salungano’s performance mirrors the improvement within South Africa’s energy system. The company, which plays a crucial role in fueling the national grid with coal, is reaping the benefits of increased energy production and greater energy security across the country. 

The renewed focus on fossil fuels as a stable energy source amid global and domestic pressure has helped strengthen both Eskom’s performance and Salungano’s earnings.

With higher coal production and better grid reliability, Salungano has positioned itself as a vital player in the country’s energy strategy.

 Coal demand from Eskom has surged, creating a perfect storm for growth as Salungano’s coal supply becomes even more integral to meeting national energy demands.