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HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Unaudited condensed consolidated interim results for the six months ended 30 September 2021

Release Date: 25/11/2021 13:36
Code(s): HCI     PDF:  
Wrap Text
Unaudited condensed consolidated interim results
for the six months ended 30 September 2021

Incorporated in the Republic of South Africa
Registration number: 1973/007111/06
Share code: HCI
ISIN: ZAE000003257
("HCI" or "the company" or "the group")

for the six months ended 30 September 2021

                                                              Unaudited     Unaudited             %
                                                           30 Sept 2021  30 Sept 2020        change
Revenue*                                          (R'000)     5 000 888     3 542 278           41%
Net gaming win                                    (R'000)     3 331 613     1 486 567          124%
Property rental income*                           (R'000)       320 889       290 134           11%
EBITDA*                                           (R'000)     2 138 497       635 258          237%
Earnings/(losses) per share                       (cents)         302.3        (353.1)         186%
Headline earnings/(losses) per share              (cents)         275.1        (503.4)         155%
Net asset value per share                         (cents)        15 481        14 570            6%
Headline earnings/(loss)                           
Media and broadcasting                                          117 947        14 376          
Gaming                                                          157 562      (281 830)         
Hotels                                                          (59 416)     (205 583)         
Transport                                                        94 664        58 769          
Properties                                                       13 297        19 759          
Coal mining                                                      85 233        42 795          
Branded products and manufacturing                               38 561         4 864          
Oil and gas prospecting                                         (16 044)      (19 733)         
Palladium prospecting                                           (26 665)      (25 166)         
Other                                                          (182 631)      (15 330)         
                                                                222 508      (407 079)         155%
* Restated for reclassification of discontinued operations

Due to the impact of the COVID-19 pandemic on the group's operations and the requirement to 
preserve cash resources, the directors have resolved not to declare an interim dividend.

The directors, who take responsibility for the contents of this short-form announcement, present 
the unaudited condensed consolidated interim results of Hosken Consolidated Investments Limited 
for the six months ended 30 September 2021. The interim results were prepared under the supervision 
of the financial director, Mr JR Nicolella CA(SA), and have neither been audited nor independently 
reviewed by the group's auditors.

The financial information is only a summary and does not contain full details of the financial 
results. Any investment decisions by investors and/or shareholders should be based on information 
contained in the full announcement, accessible from 25 November 2021, via the JSE link or the company's website at

Copies of the full announcement may also be requested by e-mail at and are available 
for inspection at the company's registered office, at no charge to investors and/or shareholders, 
during office hours (09:00 - 17:00) from Mondays to Fridays.

Signed on behalf of the board of directors

JA Copelyn                         JR Nicolella
Chief Executive Officer            Financial Director

25 November 2021

JA Copelyn (Chief Executive Officer), JR Nicolella (Financial Director), TG Govender, Y Shaik, 
MH Ahmed*, MF Magugu*, L McDonald**, SNN Mkhwanazi-Sigege**, VE Mphande* (Chairman), JG Ngcobo*, 
RD Watson*    (* Independent non-executive  ** Non-executive)

Company secretary: 
HCI Managerial Services Proprietary Limited

Registered office:
Suite 801, 76 Regent Road, Sea Point, 8005
PO Box 5251, Cape Town, 8000
Telephone: 021 481 7560

BDO South Africa Incorporated
Wanderers Office Park, 52 Corlett Drive, Illovo, 2196
Private Bag X10046, Sandton, 2146

Transfer secretaries:
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196
Private Bag X9000, Saxonwold, 2132

Investec Bank Limited
100 Grayston Drive, Sandton, Sandown, 2196


Date: 25-11-2021 01:36:00
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