Nu-World Holdings Limited (JSE:NWL) News - Nu-World interim results

NU-WORLD HOLDINGS LIMITED
Registration No. 1968/002490/06
(Incorporated in the Republic of South Africa)
JSE share code: NWL ISIN code: ZAE000005070
(“Nu-World” or “the Group” or “the Company”)

UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS OF NU-WORLD FOR THE SIX MONTHS
ENDED 28 FEBRUARY 2021

INTRODUCTION TO THE NU-WORLD HOLDINGS GROUP

Nu-World is a company incorporated and domiciled in South Africa with subsidiaries in Australia, Brazil,
Dubai, Hong Kong and Lesotho. The main business of Nu-World and its subsidiaries includes the importing,
assembling, marketing and distribution of branded consumer goods.

Salient Features

                                                     %          Unaudited six     Unaudited six
                                                change         months ended      months ended
                                                                 28 February       29 February
                                                                        2021              2020
                                                                        R000              R000

 Total revenue                                     -8.9%            1 394 372         1 530 987

 South African income                              69.0%              61 520             36 404

 Group income before tax                           16.6%             112 768             96 709
 Basic earnings (cents per share)                    10.4               388.7                351.9

 Headline earnings (cents per share)                 10.4               388.7                351.9

 Net asset value (cents per share)                  4.6%              6 303.7            6 026.8

Full announcement

This short-form announcement is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement, which is available for viewing on the following websites:

Company’s website:
https://nuworld.co.za/site_content/content/Nu-World%20Interim%20Report%20SENS%2028%20Feb%202021_FINAL.pdf


JSE website:
https://senspdf.jse.co.za/documents/2021/jse/isse/nwl/2021nwl.pdf

Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on
workdays during business hours, at no charge.


On behalf of the Board


J.A. Goldberg                                                           G.R. Hindle
Chief Executive Officer                                                 Financial Director


Johannesburg
21 April 2021

Date: 21-04-2021 05:00:00
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