LABAT AFRICA LIMITED - Trading Statement for the year ended 31 May 2024
Trading Statement for the year ended 31 May 2024
LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
("Labat Africa" or "the Company")
ISIN Code: ZAE000018354
Share Code: LAB
FSE Code: LEI 9845000R73DF5EE41J88
TRADING STATEMENT FOR THE YEAR ENDED 31 MAY 2024
In terms of paragraph 3.4(b) of the Johannesburg Stock Exchange's Listing Requirements, a listed
company is required to publish a trading statement as soon as it is satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported upon next will differ, by at
least 20%, from those of the previous corresponding period.
Shareholders are advised that the Company will reflect a decrease in the total comprehensive loss
for the year ended 31 May 2024 compared to the prior year.
- The basic loss per share is expected to decrease by 73.85% to (3.74) cents when compared to
the loss per share of (14.30) cents for the prior year.
- The headline loss per share is expected to decrease by 47.98% to (3.74) cents when compared
to the headline loss per share of (7.19) cents for the prior year.
The financial information contained herein has not been reviewed or reported on by Labat Africa's
external auditors.
JOHANNESBURG
3 December 2024
________________________________________________________________________________________________
Sponsor
Vunani Sponsor
Date: 03-12-2024 04:25:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
