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AH-VEST LIMITED - Short Form: Reviewed Condensed Group Financial Results for the year ended 30 June 2023

Release Date: 17/11/2023 17:14
Code(s): AHL     PDF:  
Wrap Text
Short Form:  Reviewed Condensed Group Financial Results for the year ended 30 June 2023

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: REVIEWED CONDENSED GROUP FINANCIAL RESULTS FOR THE YEAR ENDED
30 JUNE 2023


Salient Features
The Board of Directors of AH-Vest is pleased to present the salient features of the Company's results for
the year ended 30 June 2023. These salient features have been extracted from the reviewed Condensed
Group Financial Results for the year ended 30 June 2023.

                                                  Reviewed                Audited    Percentage Change
                                                 12 Months              12 Months
                                              30 June 2023           30 June 2022
                                                         R                      R
 Revenue                                       211 321 070            206 189 973                 2.5%
 Operating Profit                                4 201 775              4 389 134                -4.3%
                                                     Cents                  Cents
 Earnings per share                                   1.43                   2.02               -29.2%
 Headline earnings per share                          1.35                   2.02               -33.2%
 Dividend per share (paid in year)                    0.20                   1.00               -80.0%
 Net asset value per share                           45.63                  44.40                 2.1%

No dividend has been declared for the year ended 30 June 2023.

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 Reviewed Condensed Group Financial Results for the year ended 30
June 2023 ("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/AHLIR23.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/AHLIR23.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.

It is anticipated that the audited Annual Financial Statements will be finalised on or before 30 November
2023.

Johannesburg
17 November 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: 17-11-2023 05:14:00
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