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Canaf Investments Inc V.CAF

Alternate Symbol(s):  CAFZF

Steel Steel
Canaf Investments Inc. is focused on investing in diverse sectors in South Africa. The Company owns 100% of Quantum Screening and Crushing (Pty) Ltd., (Quantum), a South African company that owns 70% of Southern Coal (Pty) Ltd., (Southern Coal), a company that produces a high carbon, de-volatized (calcined) anthracite. It also owns 100% of Canaf Investments (Pty) Ltd., a South African holding company that owns 100% of Canaf Estate Holdings (Pty) Ltd., 100% of Canaf Agri (Pty) Ltd., and 100% of Canaf Capital (Pty) Ltd. Southern Coal processes anthracite coal into de-volatized anthracite (calcined anthracite) for sale mostly to steel and ferromanganese manufacturers as a substitute product for coke. Canaf Estate Holdings (Pty) Ltd. is a property investment company focused on acquiring, redeveloping and renting properties primarily within the suburbs of the old Johannesburg CBD. Canaf Agri (Pty) Ltd. is exploring investment opportunities in the agriculture sector in South Africa.


TSXV:CAF - Post by User

Canaf Investments Inc > Great Q2 Released
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Comment by Quanadienon Jun 25, 2021 8:24am
162 Views
Post# 33449487

RE:Great Q2 Released

RE:Great Q2 Released
wiseman_321 wrote:

CANAF ANNOUNCES FINANCIAL RESULTS FOR Q2 2021

Canaf Investments Inc. has released its financial statements and management discussion and analysis for the six-month period ended April 30, 2021.

Revenue for the six-month period was recorded at $6,292,558 (U.S.) (2020: $5,490,982 (U.S.)) with a net income after tax of $440,206 (U.S.) (2020: $285,684 (U.S.)), or $560,326, and an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $602,572 (U.S.) ($766,998). The corporation expects to report an increase in sales in Q3.



Yeah those are nice financials. And they say they expect a better Q3. I think we are going up from here. Direction 0.20 I'd say
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