CHOPPIES ENTERPRISES LIMITED CHOPPIES ENTERPRISES LIMITED (Incorporated in the Republic of Botswana) Registration number: BW00001142508
JSE SHARE CODE: CHP
BSE SHARE CODE: CHOPPIES
ISIN: BW0000001072
("Choppies" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the Botswana Stock Exchange ("BSE") and the Johannesburg Stock Exchange Limited ("JSE"), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 10% (in the case of the BSE) or more than 20% (in the case of the JSE) from the financial results reported for the previous corresponding period.
Choppies is currently finalising its financial results for the 6 months ended 31 December 2021 ("HY2022") and expects the HY2022 financial results to fall within the following ranges:-
HY2022 | HY2022 | HY2021 | |
Expected | As reported | ||
range (BWP | (BWP Millions) | ||
Expected increase | Millions) | ||
(%) | |||
Profit before tax - continuing operations | 36% - 56% | 121 - 139 | 89 |
Profit after tax - continuing & discontinued operations | 174% - 194% | 104 - 112 | 38 |
The HY2022 financial results to fall within the following thebe per share ranges: - | |||
HY 2022 | HY2022 | HY2021 | |
Expected increase | Expected | As reported | |
(%) | range | (thebe per | |
(thebe per | share) | ||
share) | |||
Basic earnings per share - total operations | 133% - 152% | 7.7 - 8.3 | 3.3 |
Continuing operations | 50% - 70% | 7.5 - 8.5 | 5.0 |
Headline Earnings per share - total operations | 83% - 102% | 7.7 - 8.5 | 4.2 |
Continuing operations | 60% - 79% | 7.7 - 8.6 | 4.8 |
The estimated financial information on which this trading statement is based has not been reviewed nor reported on by the Company's external auditors.
Accordingly, shareholders are advised to exercise caution when trading in the Company's securities until such time as the actual results are released. The Company expects to release its HY2022 financial results on or about 23rd February 2022.
The Company's primary listing is on the BSE and its secondary listing is on the JSE.
By order of the Board | |
14th February 2022 | |
BSEL Sponsoring Broker | JSE Sponsor |
Stockbrokers Botswana Limited | PSG Capital |
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Disclaimer
Choppies Enterprises Ltd. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 09:12:03 UTC.
