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Condensed Consolidated Unreviewed Interim Financial Statements for the six months ended 31 August 2020

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EFORA ENERGY LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE Share Code: EEL

ISIN:  ZAE000248258

LEI: 213800Z9GDANDTE13745

(“Efora” or “the Company”)

 

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

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.

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/EEL/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

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