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QUANTUM FOODS HOLDINGS LIMITED - Audited consolidated annual financial statements for the year ended 30 September 2024

Release Date: 29/11/2024 08:00
Code(s): QFH     PDF:  
Wrap Text
Audited consolidated annual financial statements for the year ended 30 September 2024

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN code: ZAE000193686
("Quantum Foods" or the "Company")

AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

SALIENT FEATURES

Revenue decreased by 8.9% to R6 332 million, from R6 953 million for the year ended 30 September 2023
("Prior Corresponding Period").

Operating profit (before items of a capital nature)* of R232 million, increasing from an operating loss of
R35 million in the Prior Corresponding Period.

Headline earnings per share increased to 80.4 cents, from a headline loss per share of 17.4 cents in the Prior
Corresponding Period.

Earnings per share increased to 80.0 cents, from a loss per share of 17.8 cents in the
Prior Corresponding Period.

No final dividend has been declared for the year ended 30 September 2024 (30 September 2023: Nil).

* Income or expenditure of a capital nature in the statement of comprehensive income, i.e. all profit or loss items
that are excluded in the calculation of headline earnings per share. The principal items excluded under this
measurement are the profit or loss on disposal of property, plant and equipment.

ABOUT THIS ANNOUNCEMENT

As the information in this announcement does not provide all of the details, any investment decision should be
based on consideration of the audited consolidated annual financial statements for the year ended 30
September        2024,      which    are    accessible       via      the      following    JSE      cloudlink:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/QFH/YESep2024.pdf and on the Company's website at:
https://quantumfoods.co.za/downloads/2024/annual-financial-statements-for-the-year-ended-30-september-
2024.pdf.

The consolidated annual financial statements for the year ended 30 September 2024 were audited by Ernst &
Young Inc., who expressed an unqualified opinion thereon.


Wellington
29 November 2024

Corporate Advisor and Sponsor
One Capital

Attorneys
Webber Wentzel

Date: 29-11-2024 08:00:00
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