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MIDDLE EAST DIAMOND RESOURCES LIMITED - Financial results for the periods ended 31 August 2020, 2019, 2018 and 2017

Release Date: 26/02/2021 09:56
Code(s): MED     PDF:  
Wrap Text
Financial results for the periods ended 31 August 2020, 2019, 2018 and 2017

MIDDLE EAST DIAMOND RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: MED ISIN: ZAE000211876
(“MEDR” or “the company” or “the group”)


Financial results for the periods ended 31 August 2020, 31 August 2019, 31 August 2018,
31 August 2017 and 31 August 2016 – short-form announcement

Financial Highlights

                                                                                      Restated
                                         31 Aug      31 Aug      31 Aug    31 Aug      31 Aug
                                           2020        2019        2018      2017        2016
Revenue                                        -           -           -         -           -
EBITDA                               (1 484 573) (1 191 950) (1 085 438) (746 635) (1 526 468)
Basic earnings per share (cents)          (0.34)      (0.27)      (0.25)    (0.17)      (0.35)
Headline earnings per share               (0.34)      (0.27)      (0.25)    (0.17)      (0.35)
(cents)
Net asset value per share (cents)        (4.14)        (3.48)        (2.96)     (2.22)       (0.82)
Net tangible asset value per share       (4.14)        (3.48)        (2.96)     (2.22)       (0.82)
(cents)


Short-Form Statement

This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.

Any investment decision should be based on the full announcement accessible from 25 February
2021, via the JSE link and also available on the Company’s website at:
http://www.medr.co.za/wp-content/uploads/2021/02/MEDR-Long-form-Interim-report-Combined-Aug-
2020.pdf



Copies of the full announcement may also be requested by contacting Ms Claire Middlemiss by email
at cmiddlemiss001@gmail.com and are available for inspection at the Company’s registered office
at no charge, weekdays during office hours.

The JSE link is as follows:
https://senspdf.jse.co.za/documents/2021/jse/isse/mede/int2020.pdf



26 February 2021
Sandton

Sponsor
Exchange Sponsors

Date: 26-02-2021 09:56:00
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