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LABAT AFRICA LIMITED - Short-Form Announcement Unaudited Interim Results For The Six Months Ended 30 November 2024

Release Date: 28/02/2025 14:30
Code(s): LAB     PDF:  
Wrap Text
Short-Form Announcement Unaudited Interim Results For The Six Months Ended 30 November 2024

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
LEI number: LEI9845000R73DF5EE41J88
("Labat" or "The company" or "the Group")


SHORT-FORM ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 NOVEMBER 2024


Salient Features
The shareholders are informed that the 31 May 2024 audited financial statrements had been issued
by the Company on 13 December 2024. These unaudited interim statements should be read in
conjunction with the year end statements.

The information below is extracted from the unaudited condensed consolidated financial
statements:



                                              6 Months          6 Months
                                                 ended             ended
                                                30 Nov            30 Nov
                                                  2024              2023    Difference    Percentage
                                             Unaudited         Unaudited    Unaudited      Unaudited
 
 Revenue                       R' 000           33 312            36 667       (3 355)       (9.15)%
 Gross profit                  R' 000           22 541            25 080       (2 539)      (10.12)%
 Total comprehensive
                               R' 000
 income                                          8 606            7 096        1 510          21.28%
 Earnings per share             cents             1.14             0.76         0.38          50.00%
 Headline earnings per
                                cents             1.29             0.78         0.51          65.38%
 share                                                                                      



Short-Form Announcement
The short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the Unaudited Condensed Consolidated Financial Results for the six months
ended 30 November 2024 ("Full announcement") and does not contain full or complete details. Any
investment decisions by investors and/or shareholders should be based on a consideration of the full
announcement which is available on the Company's website www.labat.co.za or can be accessed
via the following link:

https://senspdf.jse.co.za/documents/2025/JSE/ISSE/LAB/LABIR2024.pdf

Copies of the full announcement may be requested from the Company (info@labat.co.za) or
inspected at the registered office and/or the Sponsors' office, at no charge, during office hours.
For and on behalf of the Board of Directors.




ION Mohamed                                                          DJ O Neill
Chief Executive Officer                                              Financial Director

Johannesburg
28 Febraury 2025

Directors:
ION Mohamed*, DJ O'Neill*, SE van Rooyen*, H Maasdorp*, BG van Rooyen, RM Majiedt^,
R Rustum^, MF Paruk^, MN Bodirwa
Executive*, Independent non-executive^

Company Secretary: Alred van Rooyen

Registered Address: 23 Kroton Avenue, Weltevreden Park, 1709

Sponsor: Vunani Sponsors

Transfer Secretary: Computershare Investor Services Proprietary Limited

Date: 28-02-2025 02:30:00
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