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enX GROUP LIMITED - Trading Statement

Release Date: 11/05/2023 17:01
Code(s): ENX     PDF:  
Wrap Text
Trading Statement

enX Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/029771/06)
JSE share code: ENX ISIN: ZAE000222253
(“enX” or ‘’the Company’’ or ‘’the Group’’)


TRADING STATEMENT


 In terms of the JSE Listings Requirements, companies are required to publish a trading
 statement as soon as they are satisfied that a reasonable degree of certainty exists that the
 financial results for the period to be reported on next will differ by at least 20% from the
 financial results for the previous corresponding period.

 Shareholders are advised that the Company anticipates results for the six months ended 28
 February 2023 (‘’Current Range’’) to differ by more than 20% compared to the six months
 ended 28 February 2022 (‘’Prior Period’’), as follows:

                                    Current Range       Prior Period       Percentage
                                                                          change range
  enX Group
    EPS                                67c to 73c            33c                 -
    Diluted EPS                        67c to 73c            33c                 -
    HEPS                               67c to 73c           148c          (51%) to (55%)
  Continuing
    EPS                                67c to 73c            53c           26% to 38%
    Diluted EPS                        67c to 73c            53c           26% to 38%
    HEPS                               67c to 73c            53c           26% to 38%
  Discontinued
    EPS                                       -             (20c)                -
    Diluted EPS                               -             (20c)                -
    HEPS                                      -              95c                 -


 Trading commentary
 Revenue from continuing operations is expected to increase by around 22%.
 Profit before taxation from continuing operations is expected to increase between 20% and
 24% compared to the same period last year.
 The financial information on which this trading statement is based has not been reviewed or
 reported on by the Company’s auditors.
 
 11 May 2023
 
 Sponsor:
 The Standard Bank of South Africa Limited

Date: 11-05-2023 05:01:00
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