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TRENCOR LIMITED - Unaudited Interim Results for the six months ended 30 June 2022

Release Date: 16/08/2022 14:30
Code(s): TRE     PDF:  
Wrap Text
Unaudited Interim Results for the six months ended 30 June 2022

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor” or “the company”)

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2022

This short-form announcement is the responsibility of the directors and represents a summary
of the information contained in the full announcement, which can be accessed at
https://senspdf.jse.co.za/documents/2022/JSE/ISSE/TRE/interim22.pdf and is available on the
company’s website (www.trencor.net). The full announcement is also available from the
registered office of the company and at the offices of the sponsor, at no charge, during business
hours.

Any investment decisions by investors and shareholders should be based on consideration of
the full announcement.

FINANCIAL RESULTS
                                                          Unaudited                   Audited
                                                                                    Year ended
                                                  Six months ended 30 June         31 December
                                                 2022         2021      Change            2021
                                             R million    R million  R million       R million
(Loss)/Profit attributable to shareholders           -         (16)         16               6

                                                 Cents         Cents      Cents          Cents
Basic (loss)/earnings per share                  (0,3)         (9,2)        8,9            3,4
Headline (loss)/earnings per share               (0,3)         (9,2)        8,9            3,4
Consolidated net asset value per share
attributable to shareholders                       707           640         67            697

DIVIDEND

For the reasons outlined in the Joint Report by the Chairman and Chief Executive Officer in
Trencor’s 2020 and 2021 integrated annual reports, no dividend has been declared.

On behalf of the board
Ric Sieni
Chief Executive Officer and Financial Director

16 August 2022

Directors:
Independent non-executive: David Nurek (Chairman), Eddy Oblowitz, Roddy Sparks
Executive: Ric Sieni (Chief Executive and Financial Director)
Secretaries: Trencor Services Proprietary Limited
Registered Office: 13th Floor, The Towers South, Heerengracht, Cape Town 8001
Transfer Secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers,
15 Biermann Avenue, Rosebank 2196 (Private Bag X9000 Saxonwold 2132)
Sponsor: Investec Bank Limited, 100 Grayston Drive, Sandown, Sandton 2196

Date: 16-08-2022 02:30:00
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