Labat Africa Limited reported earnings results for the half year ended November 30, 2022. For the half year, the company reported sales was ZAR 24.1 million compared to ZAR 20.18 million a year ago. Net income was ZAR 1.41 million compared to net loss of ZAR 21 million a year ago.

Basic earnings per share from continuing operations was ZAR 0.002 compared to basic loss per share from continuing operations of ZAR 0.043 a year ago. Diluted earnings per share from continuing operations was ZAR 0.002 compared to diluted loss per share from continuing operations of ZAR 0.043 a year ago.