DURING the six months ended December 31, 2025, Nkonyeni Pre-Cast (NPC) Limited demonstrated operational resilience, amidst challenging market conditions.
According to the interim financial results, the current share price of NPC shares on the Eswatini Stock Exchange (ESE) is E1.50 per share.
Slightly over 205 000 shares traded during this period and approximately 25 million shares are still available for uptake. During this period, NPC managed to secure E24 million funding with a local bank and this was utilised to acquire a subsidiary, AT & T Quarries (Pty) Ltd, which was assisted with asset financing and working capital.
The report indicated a profit of E42.8 million, having gained on an acquisition of a subsidiary. This was a significant increase from the loss of E2.78 million recorded in June, 2025.
NPC’s commitment to quality and innovation was recognised at the Eswatini Quality Awards where the company won first place in Category 2; Product of the Year Large Enterprise and Swazi Tile placing first in Product of the Year Small and Medium Enterprise.
As part of NPC’s commitment to innovation, a new product was launched during this period, bagged aggregates. These products were designed to cater to the growing demand for ready-to-use construction materials among small contractors and DIY customers.
The product launch has already contributed to a 5% increase in segment-specific sales, reflecting its immediate market impact.
NPC also launched a 15-year warranty for all Swazi Tiles concrete roof tiles, to give confidence to clients on the quality of products and an unwavering commitment to customers’ experience.
While facing challenges such as high raw material costs, erratic weather conditions and increased maintenance expenses, NPC achieved an interim loss before tax, resulting from high set-up costs of the acquired subsidiary against no revenue for the first two months and high material costs.
Effective cost management and strategic initiatives are implemented to help turn the situation around.
“Operational costs also increased dramatically as a result of plant repairs and maintenance; this is to ensure that our plant and equipment is up to standard. The company is however working on a plan to address this, with an asset replacement plan,” the report reads.
NPC Limited is a leading player across diverse sectors such as precast concrete products, hardware, concrete roof tiles, chemicals, printing, construction, and distribution.
NPC remains committed to transparency and accountability, sharing its performance and future plans with all valued stakeholders, including investors, community members, customers and employees.
The report showcases the company’s financial achievements and strategic vision for the future. NPC remains committed to providing investors with attractive long-term returns, recognising their vital role in the company’s growth and success.
The financial results presented in this release demonstrate ongoing efforts to generate sustainable value for shareholders.
With a strong market presence in the country and a diversified product offering, NPC is well-positioned to contribute significantly to the country’s construction and manufacturing industries.
The company’s strategic approach caters to a wide range of market needs, fostering economic development and creating opportunities for local communities.
NPC continues its mission to contribute significantly to the country’s economic development, providing quality products and services across diverse sectors.
“Our commitment to customers is reflected in our financial plans. These include but not limited to improving services by enhancing the quality and range of our services, introducing new offerings by bringing innovative products to the market and enhancing customer experience by elevating overall satisfaction through enhanced services. Successful acquisitions and the planned capital raising exercise through equity funding underscore our commitment to strategic growth and shareholder value,’’ NPC says.
