AFRICAN DAWN CAPITAL LIMITED - Interims Results For The Six Months Ended 31 August 2020

Interims Results For The Six Months Ended 31 August 2020

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



         INTERIMS RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020


1.   Salient features

     Revenue decreased by 48.9% to R3.264 million, from R6.385 million in the prior
     corresponding period.

     Loss before Tax increased by 12% to R6.166 million, from R5.504 million in the prior
     corresponding period.

     Headline loss and loss per share increased by 6.3% to 11.8 cents per share, from
     11.1 cents per share in the prior corresponding period.


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/2020/JSE/ISSE/ADW/ADW-HY21.pdf

     Copies of the Full Announcement is also available for viewing on the Company’s
     website at http://www.afdawn.co.za/wp-content/uploads/2020/11/interim.pdf or may be
     requested in person, at the Company’s registered office or the office 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.

     These interim results have not been reviewed or audited by the Company’s auditors.


Johannesburg
30 November 2020

Designated Advisor
PSG Capital

Date: 30-11-2020 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.