Half Year 2023 Trading Update

MKTUPDTE

Thu, Nov 17 2022 04:43 pm

Trading Update

Just Life Group Ltd (NZX:JLG) has today provided a trading update for the Half-Year period ending 31 December 2022, ahead of its Annual Meeting tomorrow.

For the Half-Year period ending 31 December 2022, JLG is expecting net profit from continuing operations to be between $1.1 million and $1.3 million, in comparison with the net profit from continuing operations of $1.575 million for last year’s corresponding period. This is primarily due to the following:

Healthy Living

• Profitability has been affected by stock outs in the supply of health supplements.

Healthy Homes

• Profitability has been affected by a noticeable slowdown in new build homes.

A further update will be provided when the unaudited 2023 Half-Year Results are announced in late February 2023.

Tony Falkenstein
Chief Executive Officer
E: [email protected]
M: +64 21 950 856