Short-Form Announcement Audited Results for the Year Ended 31 May 2025
LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
LEI number: LEI9845000R73DF5EE41J88
("Labat" or "The company" or "the Group")
SHORT-FORM ANNOUNCEMENT
AUDITED RESULTS FOR THE YEAR ENDED 31 MAY 2025
Salient Features
Extracted from the audited annual financial statements:
Year Year
ended ended
31 May 31 May
2025 2024 Difference Percentage
Audited Audited
Revenue R' 000 199 400 48 536 150 864 310%
Gross profit R' 000 117 538 29,839 87 699 294%
Total comprehensive profit/loss R' 000 131 492 (26 404) 157 896 598%
Profit/Loss per share cents 10.59 (3.97) 14.56 367%
Headline profit/loss per share cents 5.40 (3.95) 9.35 237%
Net asset value per share cents 22.23 (2.99) 25.22 843%
Short-Form Announcement
The short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the audited Annual Financial Statements for the year ended 31 May 2025
("Full announcement") and does not contain full or complete details. Any investment decisions by
investors and/or shareholders should be based on a consideration of the full announcement which
is available on the Company's website www.labat.co.za or can be accessed via the following link:
https://senspdf.jse.co.za/documents/2025/JSE/ISSE/LAB/LABIR25.pdf
Audit Opinion
The audited annual financial statements for the year ended 31 May 2025 have been audited by
P.Mapfumo Accountants and Auditors. The auditors' opinion is unmodified and is set out below:
"In our opinion, the consolidated and separate financial statements present fairly, in all material
respects, the consolidated and separate financial position of Labat Africa Limited as at 31 May 2025,
and its consolidated and separate financial performance and consolidated and separate cash flows
for the year then ended in accordance with IFRS Accounting Standards as issued by the International
Accounting Standards Board and the requirements of the Companies Act of South Africa."
The Auditor's Opinion does not necessarily report on all of the information contained in this
announcement. Shareholders are therefore advised that in order to obtain a full understanding of
the nature of the Auditor's engagement, they should obtain a copy of the Auditor's Report together
with the accompanying annual financial statements from the company's registered office.
Copies of the annual financial statements may be requested from the Company (info@labat.co.za)
or inspected at the registered office and/or the Sponsors' office, at no charge, during office hours.
No dividends were declared or paid to shareholders during the period under review
For and on behalf of the Board of Directors.
IO Noormohamed DJ O NEILL
CHIEF EXECUTIVE OFFICER FINANCIAL DIRECTOR
Johannesburg
3 November 2025
Directors:
IO Noormohamed *, DJ O'Neill*, SE van Rooyen*, N Bodirwa^, R Rustum^, B Van Rooyen: H
Maasdorp; S Van Rooyen F Paruk; J Kabila
Executive*, Independent non-executive^
Company Secretary: Alred Van Rooyen
Registered Address: 75 Maude Street, Sandown, Sandton, 2146
Sponsor: Vunani Sponsors
Transfer Secretary: Computershare Investor Services Proprietary Limited
Date: 03-11-2025 05:06:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.