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QUANTUM FOODS HOLDINGS LIMITED - Unaudited condensed consolidated interim financial statements for the six months ended 31 March 2024

Release Date: 24/05/2024 08:00
Code(s): QFH     PDF:  
Wrap Text
Unaudited condensed consolidated interim financial statements for the six months ended 31 March 2024

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2013/208598/06
Tax registration number: 9095455193
Share code: QFH
ISIN: ZAE000193686
("Quantum Foods" or the "Company")

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 31 MARCH 2024

SALIENT FEATURES*

Revenue decreased by 13% to R3 010 million, from R3 450 million in the six months ended 31 March 2023 ("Prior Corresponding Period").

Operating profit (before items of a capital nature)** increased by 320% to R61 million, from R15 million in the Prior Corresponding Period.

Headline earnings per share ("HEPS") increased by 651% to 21.7 cents, from 2.9 cents in the Prior Corresponding Period.

Earnings per share increased by 664% to 22.1 cents, from 2.9 cents in the Prior Corresponding Period.

No interim dividend has been declared for the six months ended 31 March 2024 (31 March 2023: Rnil).

* Rounding of figures may result in computational discrepancies.

** 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
HEPS. The principal item excluded under this measurement is the profit or loss on disposal of property, plant and equipment.

ABOUT THIS ANNOUNCEMENT

As the information in this announcement does not provide all of the details, any investment decision should be based on consideration of the unaudited
condensed consolidated interim financial statements for the six months ended 31 March 2024, which are accessible via the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/QFH/Interim_24.pdf and on the Company's website at: https://quantumfoods.co.za/downloads/2024/unaudited-
condensed-consolidated-interim-financial-statements-for-the-six-months-ended-31-march-2024.pdf.

Wellington
24 May 2024

Corporate Advisor and Sponsor
One Capital

Attorneys
Webber Wentzel




Date: 24-05-2024 08:00:00
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