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Audited consolidated annual financial statements for the year ended 30 September 2023

Published: 2023-12-01 09:46:08 ET
<<<  go to JSE:QFH company page
QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN code: ZAE000193686
(“Quantum Foods” or the “Company”)


AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED
30 SEPTEMBER 2023


SALIENT FEATURES

Revenue increased by 15.5% to R6 953 million, from R6 021 million for the year ended
30 September 2022 (“Prior Corresponding Period”).

Operating profit (before items of a capital nature)* decreased from R37 million in the Prior
Corresponding Period to an operating loss of R35 million.

Headline earnings per share decreased from 14.1 cents in the Prior Corresponding Period to
a headline loss per share of 17.4 cents.

Earnings per share decreased from 12.0 cents in the Prior Corresponding Period to a loss per
share of 17.8 cents.

No final dividend has been declared for the year ended 30 September 2023
(30 September 2022: Nil).

* Income or expenditure of a capital nature in the statement of comprehensive income, i.e. all profit or
loss items that are excluded in the calculation of headline earnings per share. The principal items
excluded under this measurement are profits or losses on disposal of property, plant and equipment,
the profit on disposal of interest in associate and the impairment of goodwill.


ABOUT THIS ANNOUNCEMENT

As the information is this announcement does not provide all of the details, any investment
decision should be based on consideration of the consolidated annual financial statements for
the year ended 30 September 2023, which are accessible via the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2023/JSE/ISSE/QFH/YESep2023.pdf and on the
Company’s website at: https://quantumfoods.co.za/downloads/2023/annual-financial-
statements-for-the-year-ended-30-september-2023.pdf.

The consolidated annual financial statements for the year ended 30 September 2023 were
audited by PricewaterhouseCoopers Inc., who expressed an unmodified opinion thereon.
Wellington
1 December 2023

Corporate Advisor and Sponsor
One Capital




Attorneys
Webber Wentzel