MUSTEK LIMITED - Unaudited interim financial results for the six months ended 31 December 2024

Unaudited interim financial results for the six months ended 31 December 2024

MUSTEK LIMITED
Incorporated in the Republic of South Africa
Registration number: 1987/070161/06
JSE share code: MST
ISIN: ZAE000012373
("Mustek" or "the Group" or "the Company")


SHORT-FORM ANNOUNCEMENT: RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024


Highlights
- Basic earnings per share 23.01 cents down 74.72% (31 December 2023: 91.02 cents)
- Gross profit % increased to 13.8% (31 December 2023: 13.4%)
- Revenue R3.66 billion down 14.1% (31 December 2023: R4.27 billion)
- Operating profit R95.58 million, down 47.1% (31 December 2023: R180.60 million)
- Net asset value per share 2 826.95 cents up 3.74% (31 December 2023: 2 275,09 cents)
- Headline earnings per share 23.47 cents down 74.31% (31 December 2023: 91.34 cents)


The information has been extracted from the unaudited results for the six months ended 
31 December 2024 and this announcement itself has not been reviewed or reported on by 
Mustek's external auditors. This short-form announcement is the responsibility of the 
directors. It is only a summary of the information contained in the full announcement 
and does not contain full or complete details. Any investment decision should be based 
on the full announcement, which can be accessed from Thursday, 6 March 2025, using the 
following JSE link: https://senspdf.jse.co.za/documents/2025/jse/isse/MST/Int24.pdf

Alternatively, the full announcement is available on our website at 
https://mustek.co.za/financial/

The full announcement is also available for inspection at Mustek's registered office on 
weekdays from 09:00 to 16:00, and copies thereof may be requested free of charge at 
ltd@mustek.co.za

A virtual results presentation will be held on Thursday, 6 March 2025 at 11:00am. 
The following link can be used to join the presentation: http://bit.ly/41tUyvn.

For and on behalf of the Board of directors

Hein Engelbrecht                         Shabana Aboo Baker Ebrahim CA(SA)
Group Chief Executive Officer            Group Financial Director 
                                         (preparer of Group results)

6 March 2025
Midrand

CORPORATE INFORMATION
Company secretary: Sirkien van Schalkwyk, Block B, Office 107, The Park Shopping Centre,
837 Barnard Street, Elarduspark, 0181. PO Box 4896, Rietvalleirand, 0174.
Telephone: +27 12 751 6000

Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers,
15 Biermann Avenue, Rosebank, 2196. Private Bag X9000, Saxonwold, 2132.
Telephone: +27 11 370 5000

Registered office: 322 15th Road, Randjespark, Midrand, 1685

Postal address: PO Box 1638, Parklands, 2121

Contact details: Telephone: +27 11 237 1000, Facsimile: +27 11 314 5039, Email: ltd@mustek.co.za

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

www.mustek.co.za
Date: 06-03-2025 07:30:00
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