QUANTUM FOODS HOLDINGS LIMITED - Audited consolidated annual financial statements for the year ended 30 September 2023

Audited consolidated annual financial statements for the year ended 30 September 2023

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 2023

SALIENT FEATURES

Revenue increased by 15.5% to R6 953 million, from R6 021 million for the year ended 30 September 2022 ("Prior Corresponding Period").

Operating profit (before items of a capital nature)* decreased from R37 million in the Prior Corresponding Period to an operating loss of R35 million.

Headline earnings per share decreased from 14.1 cents in the Prior Corresponding Period to a headline loss per share of 17.4 cents.

Earnings per share decreased from 12.0 cents in the Prior Corresponding Period to a loss per share of 17.8 cents.

No final dividend has been declared for the year ended 30 September 2023 (30 September 2022: 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 profits or losses on disposal of property, plant and equipment, the
profit on disposal of interest in associate and the impairment of goodwill.

ABOUT THIS ANNOUNCEMENT

As the information is this announcement does not provide all of the details, any investment decision should be based on consideration of the consolidated
annual financial statements for the year ended 30 September 2023, which are accessible via the following JSE cloudlink:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/QFH/YESep2023.pdf and on the Company's website at: https://quantumfoods.co.za/downloads/2023/annual-
financial-statements-for-the-year-ended-30-september-2023.pdf.

The consolidated annual financial statements for the year ended 30 September 2023 were audited by PricewaterhouseCoopers Inc., who expressed an unmodified
opinion thereon.

Wellington
1 December 2023

Corporate Advisor and Sponsor
One Capital

Attorneys 
Webber Wentzel


Date: 01-12-2023 08:45:00
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