BRIEF-Labat Africa FY HLPS 7.57 Cents

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BRIEF-Labat Africa FY HLPS 7.57 Cents

Dec 31 (Reuters) - Labat Africa Ltd LABJ.J :

* REVIEWED PROVISIONAL CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2019

* FY LOSS PER SHARE 24.71 CENTS

* FY HEADLINE LOSS PER SHARE 7.57 CENTS

* FY REVENUE 614 MILLION RAND VERSUS 73.3 MILLION RAND

* LABAT REMAINS IN DISCUSSIONS WITH OTHER CANNABIS AND HEALTH RELATED BUSINESSES TO FURTHER EXPAND ITS FOOTPRINT IN THIS AREA

* NO DIVIDEND HAS BEEN DECLARED FOR THE PERIOD UNDER REVIEW

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