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Trading statement
SALUNGANO GROUP LIMITED
(Previously known as Wescoal Holdings Limited)
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: SLG
ISIN: ZAE000069639
(“Salungano Group” or “the Company” or the “Group”)
Trading statement
Salungano wishes to advise its shareholders that it is in the process of finalising its results for
the financial year ended 31 March 2022 (“2022 Financial Results”). The Company expects,
with reasonable certainty, that headline earnings per share ("HEPS") and earnings per share
("EPS") will vary by the amounts set out below:
• HEPS will be a profit of between 5.70 and 6.60 cents (31 March 2021: 2.87 cents loss)
being a variance of between 299% and 330%; and
• EPS will be a loss of between 8.73 and 9.60 cents (31 March 2021: 8.74 cents loss) being
a variance of between 0% and 10%.
The Company was able to maintain a positive cash generation from operations with EBITDA
expected to be between R620 million and R660 million.
The 2022 Financial Results will be released on or about Monday the 4th of July 2022.
Shareholders interested in attending the virtual investor Q&A should contact: Singular IR on
ir@singular.co.za for details, the link and invitation.
The information contained in this announcement has not been reviewed or reported on by the
Company’s auditors.
29 June 2022
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 29-06-2022 05:50:00
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