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Short form announcement results for the six months ended 31 December 2021

Published: 2022-03-02 06:40:00 ET

Mustek Limited (JSE:MST) News - Short form announcement results for the six months ended 31 December 2021

Mustek Limited 
Incorporated in the Republic of South Africa 
Registration number: 1987/070161/06 
JSE share code: MST
ISIN: ZAE000012373 
"Mustek" or "the Group"

Short form announcement results for the six months ended 31 December 2021

Highlights
- Gross profit % increased to 16,2% (31 December 2020: 13,9%)
- Revenue R4,19 billion up 12,5% (31 December 2020: R3,72 billion)
- Basic earnings per share 232,72 cents up 17,9% (31 December 2020: 197,34 cents)
- Operating profit R252,90 million up 17,7% (31 December 2020: R214,96 million)
- Net asset value per share 2 259,48 cents up 28,3% (31 December 2020: 1 760,96 cents)
- Headline earnings per share 237,09 cents up 17,3% (31 December 2020: 202,11 cents)

The information has been extracted from the unaudited results for the six months ended 31 December 2021 and this
announcement itself has not been audited or reviewed.

This short-form announcement is the responsibility of the directors. It is only a summary of the information contained
in the full announcement and does not contain full or complete details. Any investment decision should be based on the
full announcement, which can be accessed from Wednesday, 2 March 2022, using the following JSE link:
https://senspdf.jse.co.za/documents/2022/jse/isse/MST/Int22.pdf

Alternatively, the full announcement is available on our website at https://mustek.co.za/financial/

The full announcement is available for inspection at Mustek's registered office on weekdays from 09:00 to 16:00, and
copies thereof may be requested free of charge at ltd@mustek.co.za

For and on behalf of the Board of directors

David Kan                              Neels Coetzee CA(SA)
Chief executive officer                Financial director

2 March 2022

Midrand


CORPORATE INFORMATION

Company secretary: Sirkien van Schalkwyk, Block B, Office 107, The Park Shopping Centre, 
837 Barnard Street, Elarduspark, 0181. PO Box 4896, Rietvalleirand, 0174. Telephone: +27 (01)12 751 6000

Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue,
Rosebank, 2196. Private Bag X9000, Saxonwold, 2132. Telephone: +27 (0)11 370 5000

Registered office: 322 15th Road, Randjespark, Midrand, 1685.

Postal address: PO Box 1638, Parklands, 2121

Contact numbers: Telephone: +27 (0)11 237 1000 Facsimile: +27 (0)11 314 5039 Email: ltd@mustek.co.za

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

www.mustek.co.za

Date: 02-03-2022 08:40:00
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Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

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.
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.

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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.
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.