YORK TIMBER HOLDINGS LIMITED - Trading statement and trading update

York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
('York' or the 'Company')

TRADING STATEMENT AND TRADING UPDATE


York is in the process of finalising its results for the six

months ended 31 December 2021 for release on or about
28 March 2022.


In terms of paragraph 3.4(b) of the Listings Requirements of

the JSE Limited, 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 upon next will differ by at least 20%
from the previous corresponding period.


Shareholders are advised that, for the six month period ended
31 December 2021:


-   earnings per share ('EPS') is expected to increase from

    12.61 cents to between 18.33 cents and 18.98 cents, being
    an increase of between 45% and 51%; and


-   headline earnings per share is expected to increase from

    12.69 cents to be between 18.46 cents and 19.11 cents,
    being an increase of between 45% and 51%.

Furthermore, Shareholders are advised that:


-   Core earnings per share (based on EPS attributable to

    ordinary shareholders less the fair value adjustment to

    the biological assets, net of tax) is expected to decrease

    from 22.79 cents to between 11.04 cents and 12.19 cents.


-   Earnings   before   interest,  taxation,   depreciation,

    amortisation and fair value adjustments on plantation

    biological assets is expected to be between 24% and 29%

    lower than that reported in the previous comparative
    period of R173 million.


-   Cash generated from operations is expected to be between

    37% and 42% lower than the R199 million reported in the
    previous comparative period.


Shareholders are advised that the information included in

this announcement has not been reviewed or reported on by the

Company's auditors and is the responsibility of the directors
of the Company.

Sabie, Mpumalanga
17 March 2022

Sponsor
One Capital

Date: 17-03-2022 10:20:00

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