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AH-VEST LIMITED - Short-Form Announcement: Unaudited Condensed Group Interim Financial Results for the Six Months Ended 31 Dec 2023

Release Date: 15/04/2024 09:02
Code(s): AHL     PDF:  
Wrap Text
Short-Form Announcement: Unaudited Condensed Group Interim Financial Results for the Six Months Ended 31 Dec 2023

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
("AH-Vest" or "the company")
Share code: AHL      ISIN code: ZAE000129177

SHORT-FORM ANNOUNCEMENT: UNAUDITED CONDENSED GROUP INTERIM FINANCIAL RESULTS
FOR THE SIX MONTHS ENDED 31 DECEMBER 2023

Salient Features
The Board of Directors of AH-Vest is pleased to present the salient features of the Company's
results for the half year ended 31 December 2023. These salient features have been extracted
from the Unaudited Condensed Group Interim Financial Results for the Six Months Ended
31 December 2023.

                                           Unaudited            Unaudited          Percentage
                                            6 Months             6 Months              Change
                                         31 Dec 2023          31 Dec 2022
                                                   R                    R
 Revenue                                 115 454 572          113 262 917               +1.9%
 Operating Profit                          5 258 739            4 481 543              +17.3%
 Earnings per share                             2.60                 2.01              +29.4%
 Headline earnings per share                    2.59                 1.89                +37%
 Dividend per share (cents) –
 paid in period                                    -                  0.2               -100%

The net asset value per share at 31 December 2023 was 48.24 cents per share.

Short-Form Announcement
The short-form announcement is the responsibility of the Directors of the Company. It is only an
extract of the information contained in the Unaudited Condensed Group Interim Financial
Results for the Six Months Ended 31 December 2023 ("Full Announcement") and does not
contain full or complete details of the financial results. The Full Announcement can be accessed
by the following link:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/AHL/AHLIR23.pdf

Any investment decisions by investors and/or shareholders should be based on consideration of
the full announcement which stakeholders are encouraged to review. The full announcement
is also available on the Company's website at: https://alljoy.co.za/sens/2024/AH-
Vest_Long_Form_Sens_Final_12_April_2024.pdf

Copies of the full announcement may be requested from the Company (ChrisS@alljoy.co.za) or
inspected at the registered office and/or the Designated Advisors' office, at no charge, during
office hours.

Johannesburg
15 April 2024

Executive Directors:) MNI Darsot (CEO); SI Darsot; R Darsot; C Sambaza (CFO)
Non-Executive Directors: H Takolia* (Chairman); MS Appelgryn*; UC Speirs* (*independent)
Registered address: 15 Misgund Road, Eikenhof, Johannesburg
Designated Advisor: AcaciaCap Advisors Proprietary Limited
Transfer Secretaries: Computershare Investor Services Proprietary Limited
Company Secretary: Light Consulting Proprietary Limited

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 15-04-2024 09:02:00
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