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AFRICAN DAWN CAPITAL LIMITED - Interim Results For The Six Months Ended 31 August 2022

Release Date: 30/11/2022 09:00
Code(s): ADW     PDF:  
Wrap Text
Interim Results For The Six Months Ended 31 August 2022

 AFRICAN DAWN CAPITAL LIMITED
 Incorporated in the Republic of South Africa
 (Registration number: 1998/020520/06)
 Share code: ADW
 ISIN Code: ZAE000223194
 (“the Company”)

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2022

1.   SALIENT FEATURES

     -   Revenue increased by 17.6% to R7.329 million, from R6.233 million in the prior
         corresponding period.

     -   Loss before taxation increased by 0.3% to R7.386 million, from R7.361 million in the
         prior corresponding period.

     -   Headline loss and loss per share remained the same at 11.6 cents per share,
         compared to 11.6 cents per share in the prior corresponding period.

     -   No dividends have been declared for this interim period (August 2021: nil).

2.   SHORT-FORM ANNOUNCEMENT

     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/2022/JSE/ISSE/ADW/ADW-HY23.pdf

     Copies of the Full Announcement are also available for viewing on the Company’s website
     at http://www.afdawn.co.za/wp-content/uploads/2022/11/interim.pdf or may be requested
     in person, at the Company’s registered office or the offices of the Designated Advisor, 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.

     This short-form announcement and the interim financial results for the six months ended
     31 August 2022, from which the information contained in this short-form announcement
     was extracted, have not been reviewed or audited by the Company’s auditors.


Johannesburg
30 November 2022

Designated Advisor
PSG Capital

Date: 30-11-2022 09:00:00
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