Chobe Holdings (Botswana) – Cautionary announcement

By Published On: May 18th, 2022Categories: Corporate announcement

In terms of the Listings Requirements of the Botswana Stock Exchange (BSE), the Company is required to announce through the BSE any circumstances or events that have or are likely to have a material effect on the financial results of the Group for the period to be reported upon next.

Results for the year ended 28 February 2022

The Board would like to announce that the Group’s loss before tax for the year ended 28 February 2022 will likely be between 37 to 42% (approximately P 31.6 million to P 35.9 million) lower than that reported for the comparative period ended 28 February 2021 which amounted to a loss of P 85.4 million.

The Group will be publishing its summarised audited consolidated financial results of the Group for the year ended 28 February 2022 before 31 May 2022. This will include commentary on the drivers for the improved performance. Accordingly, Shareholders and investors are advised to exercise caution when dealing in the Company’s securities until the results are formally published.

The Board of Directors

Chobe Holdings Limited
17 May 2022


 

Chobe Holdings Limited (CHOBE.bw)

Share price: 765.00 Thebe (0.00 | 0.00% – 10/08/22)

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