Audited Results for the year ended 30 September 2023
Astral Foods Limited
Incorporated in the Republic of South Africa Registration no 1978/003194/06
JSE and A2X share code ARL
ISIN ZAE000029757
("Astral" or the "Company")
Audited Results for the year ended 30 September 2023
- Revenue (0.4%)
- Operating profit (143%)
- Earnings per share (148%)
- Headline earnings per share (148%)
- No dividend declared
FINANCIAL RESULTS
Audited Audited
12 months 12 months
ended ended
30 September 30 September
2023 % 2022
R'000 change R'000
Revenue
From continuing operations 19 250 955 (0) 19 333 850
From discontinued operations - (100) 125 795
(Loss)/profit before interest and tax
From continuing operations (620 875) (143) 1 439 778
From discontinued operations - 17 743
(Loss)/profit for the year
From continuing operations (512 200) (149) 1 054 616
From discontinued operations - (100) 15 960
Total assets 9 159 682 9 8 438 309
Total equity 4 019 463 (16) 4 786 007
Total liabilities 5 140 219 41 3 652 302
Earnings per share (1 333) (148) 2 781
- From continuing operations (1 333) 2 745
- From discontinued operations - 36
Headline earnings per share (1 324) (148) 2 762
- From continuing operations (1 324) 2 726
- From discontinued operations - 36
Dividends per share - declared out of earnings
for the year (cents per share)
- Interim dividend - 790
- Final dividend - 590
- Total dividend - (100) 1 380
REGULATORY REQUIREMENTS
The information in this announcement has been extracted from the full Audited Summarised Consolidated
Results but is not itself audited.
The contents of this short-form announcement are the responsibility of the Board of Directors of Astral.
The information in the short-form announcement is a summary of the full announcement available on the
Company's website at the following link: https://www.astralfoods.com/assets/AstralSens2023.pdf, and
accordingly does not contain full or complete details. The full announcement can also be accessed online
at the following link: https://senspdf.jse.co.za/documents/2023/jse/isse/ARL/ye2023.pdf
Any investment decisions by shareholders/investors should be based on the full announcement as released
on the JSE's website and published on the Company's website, www.astralfoods.com. Copies of the full
announcement may be requested from the registered office of the Company by e-mailing such a request
to contactus@astralfoods.com.
The auditors, PricewaterhouseCoopers Inc., have issued an unqualified audit opinion in terms of the
International Standards on Auditing in respect of the Consolidated Financial Statements for the year ended
30 September 2023 and is available for inspection upon request via email to contactus@astralfoods.com.
On behalf of the Board
T Eloff
Chairman
CE Schutte
Chief Executive Officer
Pretoria
20 November 2023
Sponsor
Nedbank Corporate and Investing Banking, a division of Nedbank Limited.
Date: 20-11-2023 07:05:00
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