Audited Annual Consolidated Results for the Year Ended 31 March 2021, Notice of Annual General Meeting (AGM) and Dis
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
(“Argent” or “the company” or “the group”)
AUDITED ANNUAL CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 MARCH 2021, NOTICE OF
ANNUAL GENERAL MEETING (AGM) AND DISTRIBUTION OF ANNUAL REPORT
FINANCIAL SUMMARY 31 March 2021 31 March 2020 % change
Revenue R 000 1 965 960 1 727 721 13.8%
EDITDA R 000 241 420 188 877 27.8%
Operating profit R 000 189 534 133 383 42.1%
Profit for the year R 000 132 055 97 914 34.9%
Statement of financial position
Total assets R 000 1 686 000 1 577 556 6.9%
Total liabilities R 000 552 592 530 075 4.2%
Total shareholders’ funds R 000 1 133 408 1 047 481 8.2%
Net asset value per share cents 1 910.2 1 674.0 14.1%
Shares in issue
At end of period excluding treasury shares 000 58 425 61 370 (4.8%)
Weighted average 000 59 999 73 589 (18.5%)
Diluted weighted average 000 60 361 73 947 (18.4%)
Earnings and dividend per share
Basic earnings per share cents 217.3 130.8 66.2%
Diluted earnings per share cents 216.0 130.1 66.0%
Headline earnings per share cents 217.9 133.4 63.3%
Dividend per share * cents 0.0 0.0 0%
*No dividend was declared. Excess funds will be utilised for the share buyback programme.
The audited annual consolidated financial statements have been audited by BDO South Africa Inc., who expressed
an unqualified audit opinion. A copy of the auditor’s report including the key audit matters is available for inspection
at the company’s registered office, together with the financial statements identified in the auditor’s report, as well as
on the company’s website, www.argent.co.za/info/annual reports/argent annual report 2021.
This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the
information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full
Announcement can be found at:
Copies of the full announcement is available for viewing on the company’s website at www.argent.co.za/info/sens
announcements/YE2021 SENS or may be requested in person, at the company’s registered office or the office of
the sponsor, at no charge, during office hours.
Annual Report and Notice of Annual General Meeting
The annual report including full audited consolidated financial statements for the financial year ended
31 March 2021, has been distributed to shareholders today (“the Annual Report”). The annual report is available on
the company’s website, www.argent.co.za/info/annual reports/argent annual report 2021.
Notice is hereby given that Argent’s Annual General Meeting (AGM) of shareholders will be held in the company’s
boardroom at First floor, Ridge 63, 8 Sinembe Crescent, La Lucia Ridge Office Estate, Umhlanga, on Friday,
20 August 2021 at 11:00 to transact the business as stated in the notice of AGM circulated together with the annual
report. The date on which shareholders must be recorded as such in the share register to be eligible to vote at the
AGM is Friday, 13 August 2021, with the last day to trade being Tuesday,10 August 2021.
Any investment decisions by investors and/or shareholders should be based on consideration of the Full
Announcement, as a whole.
29 June 2021
Date: 29-06-2021 09:03:00
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