Southern Sun Limited provides earnings guidance for the year ended 31 March 2023. Revenue is expected to be between ZAR 344 million and ZAR 618 million compared to the prior comparative period of ZAR 708 million. Excluding the once-off payment of ZAR 399 million received by the group from Tsogo Sun Gaming Limited on implementation of the Separation Agreement on 30 September 2022 ("Separation Payment"), revenue is expected to be between ZAR 955 million and ZAR 209 million.

Earnings per share ("EPS") is expected to be between 62.9 cents and 74.5 cents compared to the prior comparative period loss per share of 10.6 cents. EPS for the year includes the Separation Payment net of tax (R313 million) and EPS for the prior year includes the Insurance Proceeds net of tax (ZAR 139 million). Headline earnings per share ("HEPS") is expected to be between 48.1 cents and 57.1 cents compared to the prior comparative period headline loss per share of 8.2 cents.

HEPS for the year includes the Separation Payment (net of tax) and HEPS for the prior year includes the Insurance Proceeds (net of tax).