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WESIZWE PLATINUM LIMITED - Condensed Consolidated Interim Financial Information for the six months ended 30 June 2019

Release Date: 30/09/2019 16:27
Code(s): WEZ     PDF:  
 
Wrap Text
Condensed Consolidated Interim Financial Information for the six months ended 30 June 2019

 WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
(“Wesizwe” or “the Company”)


CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE SIX
MONTHS ENDED 30 JUNE 2019

1.   SALIENT FEATURES

     Operating costs increased by 46% to R15 million, from R10 million in the prior
     corresponding period.

     Headline earnings per share (“HEPS”) increased by 851% to 691 cents per share, from a
     Headline loss of 92 cents per share in the prior corresponding period.

     Earnings per share (“EPS”) increased by 832% to 674 cents per share, from a 92 cents
     loss per share in the prior corresponding period.


2.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the Company. It
     contains only a summary of the information in the full announcement (“Full
     Announcement”) and does not contain full or complete details. The Full Announcement
     can be found at:
     https://senspdf.jse.co.za/documents/2019/JSE/ISSE/WEZ/IntWEZ19.pdf

     Copies of the Full Announcement is also available for viewing on the Company’s website
     at https://wesizwe.co.za/cmsAdmin/uploads/wesizwe-june-2019-interim-financials-final-
     version.pdf or may be requested in person, at the Company’s registered office or the office
     of the sponsor, at no charge, during office hours.
     
     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.

Johannesburg
30 September 2019

Sponsor
PSG Capital

Date: 30/09/2019 04:27:00
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