LABAT AFRICA LIMITED - Updated Trading Statement For The Six Months Ended 30 November 2024 (Interim)

Updated Trading Statement For The Six Months Ended 30 November 2024 (Interim)

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


UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 NOVEMBER 2024 (INTERIM)



Shareholders are referred to the Trading Statement announcement released by the Company on 13
February 2025 ("13 February Announcement"). This announcement is to correct the EPS and HEPS
numbers as reflected in the 13 February Announcement.

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 an increase in the total comprehensive
income for the six months ended 30 November 2024 compared to the prior period.

-   The basic earnings per share is expected to increase by 50% to 1.14 cents, and not 78.95% to
    1.36 cents as reflected in the 13 February announcement, when compared to the earnings per
    share of 0.76 cents for the prior period.
-   The headline earnings per share is expected to increase by 65.38% to 1.29 cents, and not 98.72%
    to 1.55 cents as reflected in the 13 February Announcement, when compared to the headline
    earnings per share of 0.78 cents for the prior period.

The financial information contained herein has not been reviewed or audited by Labat Africa's
external auditors.


JOHANNESBURG
28 February 2025
________________________________________________________________________________________________
Sponsor:
Vunani Sponsors

Date: 28-02-2025 12:45:00
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