VISUAL INTERNATIONAL HOLDINGS LIMITED - Trading Statement for the Year Ended 28 February 2025
Trading Statement for the Year Ended 28 February 2025
VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
ISIN code: ZAE000187407 Share code: VIS
("the Company" or "the Group")
TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2025
In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty
exists that the financial results for the period to be reported on will differ by at least 20% from
the financial results for the previous corresponding period or a profit forecast previously
provided to the market in relation to such period.
- basic and diluted earnings per share reported as 0.62 cents, representing a decrease of
81% compared to the basic and diluted earnings per share of 3.33 cents reported for the
previous corresponding period, and
- headline earnings per share reported as 0.40 cents, representing a loss of 88% compared
to the headline earnings per share of 3.33 cents reported for the previous corresponding
period.
The main reason for the decline is that the prior year results contained a large reversal of the
Expected Credit Loss provision against the RAL Trust loan receivable pursuant to a
substantially higher valuation of the underlying property Erf 18362 following the rezoning to
General Business 6.
The financial information on which this trading statement is based has not been reviewed nor
reported on by the Group's auditors.
Visual's audited results for the year ended 28 February 2025 are undergoing external review
and will be published before mid-July 2025.
CAPE TOWN
30 June 2025
Designated Advisor
AcaciaCap Advisors Proprietary Limited
Date: 30-06-2025 01:34:00
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.
