Enhanced Investments - Financial Portal

Trading Statement

Published: 2022-03-24 07:12:00 ET

Argent Industrial Limited (JSE:ART) News - Trading Statement

Argent Industrial Limited
(Registration number 1993/002054/06)
(Incorporated in the Republic of South Africa)
Share Code: ART
ISIN: ZAE000019188
(“Argent” or “the company” or “group”)


TRADING STATEMENT


In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as soon as they are satisfied that
there is a reasonable degree of certainty that the financial results for the next reporting
period will differ by more than 20% from those of the previous corresponding period.

Headline earnings per share for the year ended 31 March 2022 are expected to be
between 298 and 341 cents per share, representing an increase of between 36.7% and
56.7% compared to the headline earnings per share of 217.9 cents reported for the
previous corresponding period.

Earnings per share for the year ended 31 March 2022 are expected to be between 292
and 335 cents per share, representing an increase of between 34.3% and 54.3%
compared to the earnings per share of 217.3 cents reported for the previous
corresponding period.

The above information has not been reviewed or reported on by the company’s external
auditors. It is anticipated that the audited results for the year ended 31 March 2022 are
to be published on SENS on or about 30 June 2022.


Umhlanga
24 March 2022

Sponsor
PSG Capital

Date: 24-03-2022 09:12:00
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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.