LABAT AFRICA LIMITED - Unaudited Interim Results for the Six Months Ended 28 February 2022
Unaudited Interim Results for the Six Months Ended 28 February 2022
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.za or 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
Date: 31-05-2022 12:10:00
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