CSG HOLDINGS LIMITED - Unaudited Condensed Consolidated Interim Results For The Period Ended 30 September 2021

Unaudited Condensed Consolidated Interim Results For The Period Ended 30 September 2021

CSG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/011359/06)
JSE code: CSG
ISIN: ZAE000184438
(“CSG” or “the company” or “the group”)


UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE
PERIOD ENDED 30 SEPTEMBER 2021


   1. SALIENT FEATURES

       Headline earnings per share increased by 151% to 3,91 cents per share, compared to
       the headline earnings per share of 1,56 cents reported for the prior corresponding
       period.

       Basic earnings per share increased by 151% to 3,89 cents per share, compared to the
       basic earnings per share of 1,55 cents reported for the prior corresponding period.

       The above improvements were mainly due to the return of most operations to
       pre-COVID levels, together with newly announced assistance received from
       government, such as employee tax incentives.

       The group’s revenue from continuing operations increased by 51% to R848,35 million,
       compared to R563,15 million reported for the prior corresponding period. The group
       generated an operating profit of R30,80 million and headline earnings of
       R20,30 million, representing an increase of 107% and 150% respectively when
       compared to R14,90 million and R8,12 million reported in the prior corresponding
       period.

       The significant ramp up of business, after the lockdown measures were lifted, resulted
       in a decrease in cash resources given the need to fund the working capital needs.

       No dividend was declared for the six-month period ended 30 September 2021.

   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/2021/JSE/ISSE/CSG/CSGHY22.pdf

       A copy of the full announcement is also available for viewing on the company’s website
       at https://csgholdings.co.za/investor-relations/ 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.


Pretoria
15 November 2021

Sponsor
PSG Capital

Date: 15-11-2021 09:00:00
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