Trading Statement
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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
(“the Company” or together with its subsidiaries “the Group”)
TRADING STATEMENT
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the period to be reported on next will differ by at least 20% or more from the financial results for the previous corresponding period.
The Company hereby advises that a reasonable degree of certainty exists that for the twelve months ended 28 February 2021:
- headline loss per share will be between 33.51 cents and 34.51 cents, representing a decrease of between 38.47 cents and 39.47 cents per share when compared to the headline earnings per share of 4.96 cents reported for the twelve months ended 28 February 2020; and
- loss per share will be between 46.33 cents and 46.71 cents, representing a decrease of between 44.47 cents and 44.85 cents per share when compared to the loss per share of 1.86 cents reported for the twelve months ended 28 February 2020.
The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors.
The Group’s results for the twelve months ended 28 February 2021 are expected to be published on or about 15 May 2023.
Johannesburg
8 May 2023
Sponsor
PSG Capital
For further information please contact:
Efora Energy Limited
Darrin Arendse
+27 (0)10 591 2260
Headlines
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