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Summarised consolidated financial results for the period ended 31 December 2021
REX TRUEFORM GROUP LIMITED
Incorporated in the Republic of South Africa
Registration Number: 1937/009839/06
JSE share codes: RTO - RTN - RTOP
ISIN: ZAE000250387 – ZAE000250395 – ZAE000250403
("the company" or "Rex Trueform")
SHORT-FORM ANNOUNCEMENT:
UNAUDITED SUMMARISED CONSOLIDATED FINANCIAL RESULTS
FOR THE PERIOD ENDED 31 DECEMBER 2021
Rex Trueform is an investment holding company incorporated in South Africa and listed on
the JSE Limited ("JSE") in the "apparel retailers" sector. The company has investments in
fashion retail, property and water infrastructure.
FINANCIAL HIGHLIGHTS
• Revenue increased by 30.9 % to R 315.2 million (2020: R 240.8 million)
• Gross profit margin % increased to 53.5% (2020: 49.7%)
• Operating profit increased by 247.9% to R39.0 million (2020: R11.2 million)
• Earnings per share increased by 3216.7% to 119.4 cents (2020: 3.6 cents)
• Headline earnings per share increased by 958.8% to 126.0 cents (2020: 11.9 cents)
• Net asset value per share increased by 19.9% to R14.05 (2020: R11.72)
• Ordinary dividend per share paid amounted to nil cents (2020: nil cents)
This short-form announcement is the responsibility of the company's directors and is a summary of the
information in the company's full results released on SENS on 29 March 2022 and does not contain full
or complete details. Prior year figures have been restated.
Furthermore, any investment decisions should be based on the full results which are available on the
company's website at www.rextrueform.com and on the JSE's website at:
https://senspdf.jse.co.za/documents/2022/jse/isse/RTO/HY2022.pdf
Copies of the full results announcement may be requested at the company's registered office or at
the office of the sponsor, Java Capital, during normal business hours from Wednesday, 30 March 2022
until Wednesday, 13 April 2022 at no charge, or from the company secretary directly at
legal@rextrueform.com.
MA Golding CL Lloyd
(Chairman) (Chief Executive Officer)
Cape Town - 29 March 2022
Directors: MA Golding† (Chairman), CL Lloyd (Chief Executive Officer),
D Franklin (Financial Director), HB Roberts*, PM Naylor*, LK Sebatane*, MR Molosiwa*
† Non-executive * Independent non-executive
Registered office: 263 Victoria Road, Salt River, Cape Town, 7925
Company secretary: AR Mushabe
Transfer secretaries: Computershare Investor Services Proprietary Limited:
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196
Sponsor: Java Capital Trustees and Sponsors Proprietary Limited:
6th Floor, 1 Park Lane, Weirda Valley, Sandton, 2196
www.rextrueform.com www.queenspark.com
Date: 29-03-2022 03:00:00
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