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VISUAL INTERNATIONAL HOLDINGS LIMITED - Short Form Announcement - Unaudited Interim Condensed Consolidated Results for the 6 months Ended 31 August 2019

Release Date: 11/03/2021 14:49
Code(s): VIS     PDF:  
Wrap Text
Short Form Announcement - Unaudited Interim Condensed Consolidated Results for the 6 months Ended 31 August 2019

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
ISIN Code: ZAE000187407       Share code: VIS
(“Visual” or “the Company” or “the Group”)

SHORT FORM ANNOUNCEMENT
UNAUDITED INTERIM CONDENSED CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED
31 AUGUST 2019

Salient Features
Extracted from the unaudited interim condensed consolidated financial statements:

                                 31 August       31 August
                                      2019            2018                       Decline or
                                 Unaudited       Unaudited        Percentage    Improvement
 Revenue                            11 587          15 885           27.0%          Decline
 Operating Loss                 (3 009 739)     (3 452 282)          12.8%      Improvement
 Headline loss per share             (0.74)          (1.07)          30.8%      Improvement
 Loss per share                      (0.76)          (1.12)          32.1%      Improvement
 Dividend                                -               -              -                 -
 Net Asset Value Per Share            5.86            6.02            2.7%          Decline

Short-Form Announcement
The short-form announcement is the responsibility of the directors and is only a summary
of information set out in the full announcement which is available on the company’s
website (www.visualinternational.co.za). This announcement does not contain full or
complete details and any investment decisions by investors and/or shareholders should
be based on consideration of the published SENS available on:

https://senspdf.jse.co.za/documents/2021/JSE/ISSE/VIS/VISIR19.pdf

Copies of the full announcement may be requested from the Company (Lee-Anne
Schreuder on leeanne@visualinternational.co.za) or inspected at the registered office
and/or the Designated Advisors’ office, at no charge, during office hours.

Cape Town
11 March 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 11-03-2021 02:49:00
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