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SASFIN HOLDINGS LIMITED - Notice of Delay in Publication of Financial Results and Voluntary Trading Update

Release Date: 29/09/2023 08:45
Code(s): SFN     PDF:  
Wrap Text
Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/002097/06)
Share code: SFN       ISIN: ZAE000006565
('Sasfin' or 'the Group')


NOTICE OF DELAY IN PUBLICATION OF FINANCIAL RESULTS AND VOLUNTARY TRADING UPDATE
Shareholders are hereby advised that Sasfin's annual financial results for the year ended 30 June 2023 ('Results') will not be published before 30 September 2023 due to a delay in the finalisation of the audit. The Results are expected to be published on or before 13 October 2023.
The Group saw positive Headline Earnings for the year underpinned by an increase in Total Income driven by its core businesses which experienced healthy growth in Total Funding (including customer deposits), Loans and Advances, and Assets under Management. Headline Earnings were negatively impacted by higher impairments due to the challenging economic environment, and increased costs. The Group's capital adequacy and liquidity ratios remain healthy. Johannesburg 29 September 2023 Sponsor Questco Corporate Advisory Proprietary Limited Date: 29-09-2023 08:45:00
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