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EFORA ENERGY LIMITED - Condensed Consolidated Unreviewed Interim Financial Statements for the Six Months Ended 31 August 2020

Release Date: 09/12/2021 12:15
Code(s): EEL     PDF:  
Wrap Text
Condensed Consolidated Unreviewed Interim Financial Statements for the Six Months Ended 31 August 2020

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“Efora” or “the Company”)

CONDENSED CONSOLIDATED UNREVIEWED INTERIM FINANCIAL STATEMENTS FOR THE
SIX MONTHS ENDED 31 AUGUST 2020

1.   SALIENT FEATURES

     Revenue decreased by 30% to R0.7 billion, from R1.0 billion in the prior corresponding period.

     Basic headline loss per share of 25.08 cents per share, compared to basic headline earnings
     per share of 0.85 cents per share in the prior corresponding period.

     Basic loss per share of 38.44 cents per share, compared to basic earnings per share of 0.83
     cents 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/2021/JSE/ISSE/EELE/EELHY2021.pdf

     Copies of the Full Announcement are also available for viewing on the Company’s website at
     https://www.eforaenergy.com/category/investor-centre/financial-results/ 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.

     These interim financial statements have not been reviewed by the Company’s auditors.

Johannesburg
9 December 2021

Sponsor
PSG Capital

For further information please contact:
Efora Energy Limited
Darrin Arendse
+27 (0)10 591 2260

Date: 09-12-2021 12:15:00
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