General Beltings, a leading manufacturer of rubber and chemical products, has announced a profit for the year ended 31 December 2025, despite experiencing subdued volumes. The company’s chairman’s statement highlights the challenges faced by the business, including the impact of the global economic environment, tariff structures, and the ongoing conflict in the Middle East.
The company’s total volumes decreased by 19% to 779 metric tonnes, primarily due to working capital constraints and reduced aggregate demand in the economy. However, turnover increased by 43% to USD 4.284 million, driven by a favourable product mix.
The rubber division, which accounts for the majority of the company’s revenue, experienced a 21% decline in volumes, but a 81% increase in turnover to USD 2.922 million. The chemicals division, Cernol Chemicals, saw a 17% decline in volumes, but turnover remained in line with the prior year at USD 1.363 million.
Despite the challenges, the company has declared a dividend of USD 0.0112 per share, payable to shareholders registered in the books of the company at the close of business on 17 July 2026.
Looking ahead, the company is optimistic about its prospects, citing the projected economic growth of 6% and the continued buoyancy of the mining sector. The company will focus on delivering a commensurate value proposition to its customers, while meeting stakeholder expectations.
