Novus Holdings Ltd (JSE:NVS)
R 6.84 0 (0%) Market Cap: 2.13 Bil Enterprise Value: 2.33 Bil PE Ratio: 7.39 PB Ratio: 0.95 GF Score: 50/100

Half Year 2023 Novus Holdings Ltd Earnings Call Transcript

Nov 23, 2022 / 09:00AM GMT
Release Date Price: R3.8
Neil William Birch
Novus Holdings Limited - CEO & Executive Director

Good morning, everybody, and welcome to this Novus interim results presentation for the 2023 year. We're talking today from our own within our studios in Johannesburg. And today, I'm joined by our CFO, Keshree Alwar.

Keshree Alwar
Novus Holdings Limited - CFO & Executive Director

Good morning, everybody. Thank you for joining us today.

Neil William Birch
Novus Holdings Limited - CEO & Executive Director

We'll start, as per usual, with the agenda, which goes through an executive overview. We will move on to financial review, operational review, focusing on something of an outlook. We'll conclude, and then we can move on to some questions. So relatively short and compact.

Firstly, on the executive overview, you can see that the revenue was ZAR 1.5 billion roughly, down slightly from the prior year. Operating profit was unfortunately down substantially. We only managed ZAR 2 million to ZAR 3 million operating profit compared

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