LABAT AFRICA LIMITED - Short Form Announcement - Unaudited Interim Results for the 6 months ended 30 November 2022

Short Form Announcement - Unaudited Interim Results for the 6 months ended 30 November 2022

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
LEI number: LEI9845000R73DF5EE41J88
(“Labat” or “The company” or “the Group”)

SHORT-FORM ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 NOVEMBER 2022

Salient Features
Shareholders are reminded that the Company changed its year end from 31 August 2022 to 31 May
2022 and so the comparative period is the interim results for the six months ended 28 February 2022
(“Comparable Period”).

The information below is extracted from the unaudited condensed consolidated financial
statements:

                                               6 Months           6 Months
                                                 ended               ended
                                           30 November         28 February
                                                   2022               2022     Difference   Percentage
                                              Unaudited          Unaudited
 Revenue                          R' 000         24 099             20 175        3 924         19.4%
 Operating (loss)                 R' 000           (342)           (24 887)      24 545         98.6%
 Headline (loss) Per Share        cents            (1.0)              (4.3)         3.3         76.7%
 Earnings/(loss) Per Share        cents             0.2               (4.3)         4.5        104.6%

Short-Form Announcement
The short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the Unaudited Condensed Consolidated Financial Results for the six months
ended 30 November 2022 (“Full announcement”) and does not contain full or complete details. Any
investment decisions by investors and/or shareholders should be based on a consideration of the full
announcement which is available on the Company’s website www.labat.co.za or can be accessed
via the following link:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/LAB/LABIR2022.pdf

Copies of the full announcement may be requested from the Company (info@labat.co.za) or
inspected at the registered office and/or the Sponsors’ office, at no charge, during office hours.

For and on Behalf of the Board

B G van Rooyen                                                                            GRI Walters
Chief Executive Officer                                                             Financial Director

Johannesburg
14 March 2023

Directors:
BG van Rooyen*, DJ O’Neill*, GRI Walters*, SE van Rooyen*, RM Majiedt^, R Rustum^, BA Penny^
Executive*, Independent non-executive^
Company Secretary: Light Consulting Proprietary Limited
Registered Address: 23 Kroton Avenue, Weltevreden Park, 1709
Sponsor: AcaciaCap Advisors Proprietary Limited
Transfer Secretary: Computershare Investor Services Proprietary Limited

Date: 14-03-2023 04:50:00
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