To view the PDF file, sign up for a MySharenet subscription.

STELLAR CAPITAL PARTNERS LIMITED - Financial results for the year ended 30 June 2019

Release Date: 29/08/2019 12:15
Code(s): SCP     PDF:  
Wrap Text
Financial results for the year ended 30 June 2019

STELLAR CAPITAL PARTNERS LIMITED 
Incorporated in the Republic of South Africa 
(Registration number 1998/015580/06) 
Share code: SCP 
ISIN: ZAE000198586 
 
FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019  
 
Stellar Capital Partners Limited ("Stellar Capital" or "the Group"), an investment holding company, has published its 
provisional condensed results for the year ended 30 June 2019, a summary of which is set out below.  
 

Stellar Capital's key financial measurements are detailed below: 
                       
                                                                          Audited           Audited                  
                                                                            as at             as at                  
                                                                     30 June 2019      30 June 2018       % increase    
Net asset value (R'000)                                                 1 289 906         1 127 498              14%    
Net asset value per share (Rand)                                             1.21              1.05              15%    
 
 
Stellar Capital's other financial measurements are detailed below: 

                                                                     Audited year      Audited year                  
                                                                            ended             ended                  
                                                                     30 June 2019      30 June 2018       % increase  
Gross profit / (loss) from investments (R'000)                            296 506         (143 131)             307%    
Earnings / (loss) for the year (R'000)                                    162 408         (261 169)             162%    
Earnings / (loss) per share (cents)                                         15.13           (24.29)             162%    
Headline earnings / (loss) per share (cents)                                15.13           (24.23)             162%    


     
No ordinary dividends were declared or paid during either reporting periods. 
 
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. Furthermore, this short-form results announcement has not been 
reviewed or reported on by Stellar Capital's auditors but has been extracted from the audited financial statements of the Group 
for the year ended 30 June 2019. 
 
Any investment decision should be based on the full announcement accessible from Thursday, 29 August 2019, via the JSE link at 
https://senspdf.jse.co.za/documents/2019/JSE/ISSE/SCP/FY19.pdf and also available on the Company's website at 
http://www.stellarcapitalpartners.co.za/financial-results/. 
 
The full announcement is also available for inspection to shareholders and investors at no charge, during normal business hours 
from 29 August 2019 at the physical office of Stellar Capital, Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape Town 
as well as the offices of Stellar Capital's sponsor, Rand Merchant Bank (a division of FirstRand Bank Limited), 1 Merchant Place, 
Cnr Rivonia Road and Fredman Drive, Sandton, Johannesburg. Shareholders and investors are encouraged to review the 
full announcement, as a whole, in making any investment decisions. 
 

By order of the Board 
 
29 August 2019 

Sponsor 
Rand Merchant Bank (a division of First Rand Bank Limited) 



Date: 29/08/2019 12:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story