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Audited consolidated and separate financial statements for the year ended 31 December 2023

25 March 2024

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“the Company”)

AUDITED CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

This short form announcement is the responsibility of the directors and represents a summary of the information contained in the audited consolidated and separate financial statements for the year ended 31 December 2023, which are available on the Company’s website https://www.trencor.net/financial-reports/2023-reports/ and https://senspdf.jse.co.za/documents/2024/JSE/ISSE/TRE/YEres23.pdf

The Company’s independent auditor, KPMG Inc., has issued an unmodified audit opinion. The audit report accompanies the audited consolidated and separate financial statements for the year ended 31 December 2023.

Any investment decisions by shareholders and other investors should be based on consideration of the audited consolidated and separate financial statements for the year ended 31 December 2023.

CONSOLIDATED FINANCIAL SUMMARY

2023 2022
Operating profit/(loss) before finance income Rm 87 (21)
Profit before tax Rm 165 3
Basic and headline earnings Rm 124 3
Basic and headline earnings per share Cents 71,5 1,7
Consolidated net asset value per share Cents 813 740

DIVIDEND

No dividends were declared in respect of 2023.

On behalf of the board
Ric Sieni
Chief Executive Officer and Financial Director

25 March 2024