YORK TIMBER HOLDINGS LIMITED - Trading statement and trading update

York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
("York" or the "Company")

TRADING STATEMENT AND TRADING UPDATE


York is in the process of finalising its results for the year

ended 30 June 2024 ("Current Period") for release on or about
26 September 2024.


In terms of paragraph 3.4(b) of the Listings Requirements of

the JSE Limited, companies are required to publish a trading

statement as soon as they are 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 the previous corresponding period.


Shareholders are advised that, for the Current Period:


-   earnings per share ("EPS") is expected to increase from a

    loss per share of 77.43 cents to an EPS of between

    27.40 cents and 31.28 cents compared to the year ended

    30 June 2023 ("Previous Comparative Period"); and

-   headline earnings per share ("HEPS") is expected to

    increase from a headline loss per share of 75.89 cents to

    HEPS of between 28.22 cents and 32.02 cents compared to
    the Previous Comparative Period.

Furthermore, shareholders are advised that:


-   Core EPS (based on EPS attributable to ordinary

    shareholders less the fair value adjustment to the

    biological assets, net of tax) is expected to decrease

    from a loss per share of 8.04 cents to a loss per share

    of between 10.61 cents and 11.01 cents, being a decrease

    of between 32% and 37%, compared to the Previous
    Comparative Period.


-   Earnings   before   interest,   taxation,   depreciation,

    amortisation, and fair value adjustments on biological

    assets is expected to be between 15% and 20% lower than

    the Previous Comparative Period amount of R110.3 million.


-   Cash generated from operations is expected to be between

    75% and 80% lower than the Previous Comparative Period
    amount of R128.1 million.


Shareholders are advised that the information included in

this announcement has not been reviewed or reported on by the

Company's auditors and is the responsibility of the directors
of the Company.

Sabie, Mpumalanga
17 September 2024

Sponsor
One Capital

Date: 17-09-2024 05:00:00

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