Enhanced Investments - Financial Portal

Summarised Audited Consolidated Financial Results for the Year Ended 30 June 2022

Published: 2022-09-30 18:20:31 ET

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:
SUMMARISED AUDITED CONSOLIDATED FINANCIAL RESULTS
FOR THE YEAR ENDED 30 JUNE 2022

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, media and broadcasting and water infrastructure.
FINANCIAL HIGHLIGHTS

• Revenue increased by 35.5% to R 665.7 million (2021: R 491.4 million)
• Gross profit margin % increased to 54.7% (2021: 52.2%)
• Operating profit increased by 77.4% to R88.9 million (2021: R50.1million)
• Earnings per share increased by 130.0% to255.1 cents (2021: 110.9 cents)
• Headline earnings per share increased by 81.9% to 266.6 cents (2021: 146.6 cents)
• Net asset value per share increased by 16.2% to R14.89 (2021: R12.81)
• Ordinary dividend per share paid amounted to nil cents (2021: 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 30 September 2022 and does not contain full or
complete details. In order to obtain a full understanding of the nature of the auditor's engagement
and more specifically, the nature of the information that has been audited, a copy of the Group
consolidated annual financial statements should be obtained which includes the auditor's report
setting out key audit matters and the basis for the unmodified opinion. Furthermore, any investment
decisions should be based on the full results which are available on the following links:
Company: https://rextrueform.com/wp-content/uploads/2022/09/REX-TRUEFORM-GROUP-
LIMITED-2022-AFS.pdf
JSE: https://senspdf.jse.co.za/documents/2022/jse/isse/RTO/FY2022.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 Monday, 3 October 2022
until Monday, 17 October 2022 at no charge, or from the company secretary directly
at legal@rextrueform.com.
PM Naylor                               MA Golding
(Chairman)                              (Chief Executive Officer)
Cape Town - 30 September 2022

Directors: PM Naylor* (Chairman), MA Golding (Chief Executive Officer),
D Franklin (Financial Director), CL Lloyd, HB Roberts*, LK Sebatane*, MR Molosiwa*
*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             www.telemedia.co.za

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.