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QUANTUM FOODS HOLDINGS LIMITED - Unaudited interim financial statements and cash dividend declaration for the six months ended 31 March 2022

Release Date: 27/05/2022 09:00
Code(s): QFH     PDF:  
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Unaudited interim financial statements and cash dividend declaration for the six months ended 31 March 2022

(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Tax registration number: 9095455193
Share Code: QFH
ISIN Code: ZAE000193686
("Quantum Foods" or the "Company")



- Revenue increased by 7% to R2 828 million, from R2 644 million in the 6 months ended 31 March 2021 ("prior corresponding period").

- Operating profit decreased by 51% to R36 million, from R74 million in the prior corresponding period.

- Headline earnings per share decreased by 41% to 15.8 cents, from 26.9 cents in the prior corresponding period.

- Earnings per share decreased by 39% to 16.5 cents, from 26.9 cents in the prior corresponding period.


The board of directors of the Company ("Board") has declared an interim gross cash dividend of 8 cents per share for the period ended 31 March 2022 
(2021: Nil), from income reserves.

At a rate of 20%, dividends tax will amount to 1.60000 cents per share. Consequently, shareholders who are not exempt from dividends tax will receive a net
dividend amount of 6.40000 cents per share. Such tax will be withheld unless beneficial owners of the dividend have provided the necessary documentation to
the relevant regulated intermediary to indicate that they are exempt therefrom or entitled to a reduced rate as a result of the double tax agreement between
South Africa and their country of domicile. The dividend amounts to 8 cents per share for shareholders exempt from dividends tax.

The salient dividend dates are as follows:

Declaration date                     Friday, 27 May 2022
Last date of trading cum dividend    Tuesday, 21 June 2022
Trading ex-dividend commences        Wednesday, 22 June 2022
Record date                          Friday, 24 June 2022
Dividend payable                     Monday, 27 June 2022

Shareholders may not dematerialise or rematerialise their shares between Wednesday, 22 June 2022 and Friday, 24 June 2022, both days inclusive.

The issued share capital as at declaration date is 200 024 716 shares.


This short-form announcement is the responsibility of the Board. 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 has been released on SENS and can be found at: and on the Company's website at

Copies of the Full Announcement may be requested in person, at the Company's registered office, 11 Main Road, Wellington, 7655, or at the office of the
Company's sponsor, 17 Fricker Road, Illovo, 2196, at no charge, during office hours.

Any investment decisions by investors and/or shareholders should be based on the consideration of the Full Announcement, as a whole.

27 May 2022

Corporate Advisor and Sponsor
One Capital

Webber Wentzel

Date: 27-05-2022 09:00:00
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