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ARGENT INDUSTRIAL LIMITED - Abridged Unaudited and Unreviewed Interim Consolidated Results for the 6 Months Ended 30 September 2021

Release Date: 17/11/2021 08:30
Code(s): ART     PDF:  
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Abridged Unaudited and Unreviewed Interim Consolidated Results for the 6 Months Ended 30 September 2021

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
 (“Argent” or “the company” or “the group”)

 UNAUDITED AND UNREVIEWED INTERIM CONSOLIDATED RESULTS FOR THE 6 MONTHS ENDED
 30 SEPTEMBER 2021

 SUMMARISED GROUP FINANCIAL                                 30 Sep 2021        30 Sep 2020          % change
 INFORMATION

 Income statement
 Revenue                                      R 000             1 060 371            874 086         21.3%
 EBITDA                                       R 000               143 486             79 901         79.6%
 Operating profit                             R 000               115 965             63 323         83.1%
 Profit for the year                          R 000                83 304             44 730         86.2%
 Statement of financial position
 Total assets                                 R 000             1 799 249          1 668 331          7.8%
 Total liabilities                            R 000               599 829            582 994          2.9%
 Total shareholders’ funds                    R 000             1 199 420          1 085 337          10.5%
 Net asset value per share                    cents                2 064.7           1 746.6          18.2%
 Shares in issue
 At end of period excluding treasury shares   000                   57 395            61 021          (5.9%)
 Weighted average                             000                   57 679            61 021          (5.5%)
 Earnings and dividend per share
 Basic earnings per share                     cents                   142.5             74.3          91.8%
 Diluted earnings per share                   cents                   142.5             74.3         91.8%
 Headline earnings per share                  cents                   148.1             73.7         101.0%
 Dividend per share *                         cents                   0.0               0.0           0.0%

*No dividend was declared. Excess funds will be utilised for the share buy-back programme.

This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the
information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full
Announcement can be found at: https://senspdf.jse.co.za/documents/2021/JSE/ISSE/ART/INTERIMS.pdf

Copies of the full announcement is available for viewing on the company’s website at www.argent.co.za/Investor
relations/Interim results/Interim Results Sep 2021 or may be requested in person, at the company’s registered office
or the office of the sponsor, at no charge, during office hours.

Any investment decisions by investors and/or shareholders should be based on consideration of the Full
Announcement, as a whole.

Umhlanga
17 November 2021

Sponsor
PSG Capital

Date: 17-11-2021 08:30:00
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