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United States

Labat Africa Ltd (LABJ.J)

LABJ.J on Johannesburg Stock Exchange

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Thu, Jun 1 2017

BRIEF-Labat Africa says revenue for six months to Feb 28 up at 20.6 mln rand

* Revenue for six months ended 28 february 2017 increased to r20.6 million from r7.2 million

BRIEF-Labat Africa expects to report six-month profit

* Expected will report improved results for six months ended Feb. 28 by more than 100 pct versus year ago, moving from a loss to a profit

BRIEF-Labat Africa, Milost Global enter funding agreement

* Milost's MESA funding agreement includes 250 mln rand facility for subscription of shares in Labat Africa

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