REVIEWED PROVISIONAL RESULTS FOR THE YEAR ENDED 31 MARCH 2023

REVIEWED PROVISIONAL RESULTS
for the year ended 31 March 2023


SALIENT FEATURES
                                                                  Reviewed       Audited          %
                                                               31 Mar 2023   31 Mar 2022     change
Revenue*                                             (R'000)    12 575 559    10 640 582         18
Net gaming win                                       (R'000)     9 626 677     7 778 881         24
Property rental income                               (R'000)       696 699       640 725          9
EBITDA*                                              (R'000)     5 639 052     5 010 869         13
Earnings per share                                   (cents)       3 965.7       2 570.3         54
Headline earnings per share                          (cents)       2 050.7       1 321.3         55
Dividend per share**                                 (cents)            50             -         
Net asset value per share                            (cents)        22 466        17 708         27
                           
Headline earnings/(loss) (R'000)                           
Media and broadcasting                                             238 931       264 858          
Gaming                                                             795 635       621 893          
Hotels                                                             286 626       (35 233)         
Transport                                                          231 813       218 856          
Properties                                                          61 217        51 703          
Coal mining                                                        308 590       180 970          
Branded products and manufacturing                                 113 707       128 367          
Oil and gas prospecting                                            (75 071)       23 547          
Palladium prospecting                                              (21 638)      (50 564)         
Other                                                             (281 432)     (335 875)         
                                                                 1 658 378     1 068 522         55
                           
*  Restated for discontinued operations
** Interim dividend    

DECLARATION OF CASH DIVIDEND
Due to the Company's ongoing funding commitments in relation to its interest in the oil and gas 
prospects offshore Namibia, the directors wish to preserve the Company's cash resources and have 
resolved not to declare a final dividend.

AUDITOR'S REVIEW
The condensed consolidated financial statements for the year ended 31 March 2023 have been reviewed 
by the Group's auditors, BDO South Africa Inc., who expressed an unmodified review conclusion.

DIRECTORS' STATEMENT
The directors, who take responsibility for the contents of this short-form announcement, present 
the reviewed provisional results of Hosken Consolidated Investments Limited for the year ended 
31 March 2023. The results were prepared under the supervision of the financial director, 
Mr JR Nicolella CA(SA).

The financial information is only a summary and does not contain full details of the financial 
results. Any investment decisions by investors and/or shareholders should be based on information 
contained in the full announcement, accessible from 25 May 2023, via the JSE link 
https://senspdf.jse.co.za/documents/2023/jse/isse/HCI/YE23.pdf or the Company's website at 
https://www.hci.co.za.

Copies of the full announcement may also be requested by e-mail at info@hci.co.za and are 
available for inspection at the Company's registered office, at no charge to investors and/or 
shareholders, during office hours (09:00 - 17:00) from Mondays to Fridays.

Signed on behalf of the board of directors

JA Copelyn                     JR Nicolella
Chief Executive Officer        Financial Director

25 May 2023