Labat Africa reports strong interim growth amid cautionary transaction talks

Labat Africa Limited has released its unaudited interim results for the six months ended November 30, 2025, revealing significant financial growth. Revenue surged by 353% to R150,884, with gross profit increasing by 342% to R99,732 compared to the same period in 2024. Total comprehensive income dramatically rose by 724% to R70,957.

Earnings per share climbed to 3.57 cents (2024: 1.14 cents), and headline earnings per share reached 3.64 cents (2024: 1.29 cents). The net asset value per share also improved considerably to 25.13 cents from (1.62) cents.

Concurrently, Labat Africa issued a cautionary announcement informing shareholders of initial discussions regarding a potential transaction. The company notes that if successfully concluded, this transaction may have a material effect on the price of its securities. Shareholders are advised to exercise caution when dealing in the company's securities as negotiations are ongoing and subject to finalization.

The interim results were published following the release of the May 31, 2025 audited financial statements on November 3, 2025.