LABAT AFRICA LIMITED LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
LEI number: LEI9845000R73DF5EE41J88
("Labat" or "The company" or "the Group")
SHORT-FORM ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2022
Salient Features
Extracted from the unaudited condensed consolidated financial statements:
6 Months | 6 months | ||||
ended | Ended | ||||
28 February | 28 February | ||||
2022 | 2021 | Difference | Percentage | ||
Unaudited | Reviewed | ||||
Revenue | R' 000 | 20 175 | 21 403 | (1 228) | (5.7%) |
Operating (loss) | R' 000 | (24 887) | (18 106) | (6 781) | 37.4% |
(Loss)/Headline (loss) per | |||||
share | cents | (4.3) | (4.5) | 0.2 | 4.4% |
Net Asset Value Per Share | cents | 21.1 | 17.0 | 4.1 | 24.1% |
Short-Form Announcement
The short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the Unaudited Condensed Consolidated Financial Results for the six months ended 28 February 2022 ("Full announcement") and does not contain full or complete details. Any investment decisions by investors and/or shareholders should be based on a consideration of the full announcement which is available on the Company's website www.labat.co.zaor can be accessed via the following link:
https://senspdf.jse.co.za/documents/2022/JSE/ISSE/LAB/LABIR22.pdf
Copies of the full announcement may be requested from the Company (info@labat.co.za) or inspected at the registered office and/or the Sponsors' office, at no charge, during office hours.
For and on behalf of the board. | |
B G van Rooyen | GRI Walters |
Chief Executive Officer | Financial Director |
Johannesburg | |
31 May 2022 |
Directors:
BG van Rooyen*, DJ O'Neill*, GRI Walters*, RM Majiedt^, R Rustum^, BA Penny^ SE van Rooyen* Executive*, Independent non-executive^
Company Secretary: Light Consulting Proprietary Limited
Registered Address: 23 Kroton Avenue, Weltevreden Park, 1709
Sponsor: AcaciaCap Advisors Proprietary Limited
Transfer Secretary: Computershare Investor Services Proprietary Limited
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Disclaimer
Labat Africa Ltd. published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2022 10:39:55 UTC.
