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AH-VEST LIMITED - Short form: Unaudited condensed group interim financial results for the six months ended 31 December 2022

Release Date: 17/04/2023 10:32
Code(s): AHL     PDF:  
Wrap Text
Short form: Unaudited condensed group interim financial results for the six months ended 31 December 2022

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL ISIN code: ZAE000129177


SHORT-FORM ANNOUNCEMENT: UNAUDITED CONDENSED GROUP INTERIM FINANCIAL
RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2022


Salient Features
The Board of Directors of AH-Vest is pleased to present the salient features of the Company’s
results for the half year ended 31 December 2022. These salient features have been
extracted from the Unaudited Condensed Group Interim Financial Results for the Six Months
Ended 31 December 2022.

                                         Unaudited           Unaudited          Percentage
                                          6 Months            6 Months             Change
                                       31 Dec 2022         31 Dec 2021
                                                 R                   R
Revenue                                113,262,917         110,738,498                 2.2%
Operating Profit                         4,481,543           9,923,328               -54.8%
Earnings per share                            2.01                6.00               -66.5%
Headline earnings per share                   1.89                6.00               -68.5%

The net asset value per share at 31 December 2022 was 46.21 cents per share.

Short-Form Announcement
The short-form announcement is the responsibility of the Directors of the Company. It is only
an extract of the information contained in the Unaudited Condensed Group Interim
Financial Results for the Six Months Ended 31 December 2022 (“Full Announcement”) and
does not contain full or complete details of the financial results. The Full Announcement
can be accessed by the following link:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/AHL/AHLIR22.pdf

Any investment decisions by investors and/or shareholders should be based on
consideration of the full announcement which stakeholders are encouraged to review. The
full   announcement        is also   available  on   the    Company’s    website     at:
https://alljoy.co.za/sens/2023/AHLIR22.pdf

Copies of the full announcement may be requested from the Company
(ChrisS@alljoy.co.za) or inspected at the registered office and/or the Designated Advisors’
office, at no charge, during office hours.

Johannesburg
17 April 2023

Executive Directors:) MNI Darsot (CEO); SI Darsot; R Darsot; C Sambaza (CFO)
Non-Executive Directors: H Takolia* (Chairman); MS Appelgryn*; JJ du Plooy* UC Speirs*
(*independent)
Registered address: 15 Misgund Road, Eikenhof, Johannesburg
Designated Advisor: AcaciaCap Advisors Proprietary Limited
Transfer Secretaries: Computershare Investor Services Proprietary Limited
Company Secretary: Light Consulting Proprietary Limited

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 17-04-2023 10:32:00
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