RONCHESS GLOBAL RESOURCES : QUARTER 2 - FINANCIAL STATEMENT FOR 2023

RONCHESS GLOBAL RESOURCES PLC

UNAUDITED FINANCIAL

STATEMENTS 30 JUNE 2023

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RONCHESS GLOBAL RESOURCES PLC

Unaudited Financial Statements For

the Half yearended30June2023

Table of contents
Company information	1
Directors' report	2
Directors' responsibilities in respect of the financial statements	3
Report of the independent auditor	4
Statement of financial position	6
Statement of profit or loss and other comprehensive income	7
Statement of changes in equity	8
Statement of cash flows	9
Notes to the financial statements	10
Statement of Value Added	29
Five Half year Financial Summary	30

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		RONCHESS GLOBAL RESOURCES PLC
		Unaudited Financial Statements For
COMPANY		the Half yearended30June2023
INFORMATION
Board of Directors	Nationality	Designation
Adeolu Adeboye	Nigerian	Chairman
Niyi Ogunnowo	Nigerian	Vice Chairman
Ukuevo Jackson	Nigerian	Managing Director
Okafor Akalaka	Nigerian	Independent Non-Executive Director
Temitope Adeboye	Nigerian	Independent Non-Executive Director
Tope Adebosin	Nigerian	Non-Executive Director
Lanre Ladipo	American	Non-Executive Director
Leon Kelly	American	Independent Non-Executive Director
Nasir Muhammad	Nigerian	Non-Executive Director
Josephine Ukuevo	Nigerian	Non-Executive Director
Business Address	179A Moshood Olugbani Street,
	Off Ligali Ayorinde St,
	Victoria Island, Lagos
RC NUMBER	771515
Company Secretary	Chris Oruete
	Shelze Professionals
Auditors	Services
	7, Edward Hotonu Street,
	Lekki Phase 1, Lekki,
	Lagos
Bankers	Zenith Bank Plc
	Guranty Trust Bank Plc
	Key Stone bank

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	RONCHESS GLOBAL RESOURCES PLC
	Unaudited Financial Statements For
DIRECTORS'REPORT	the Half yearended30June2023

The Directors submit herewith their report together with the Unaudited financial statement

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RONCHESS GLOBAL RESOURCES PLC

Unaudited Financial Statements For

the Half yearended30June2023

of Ronchess Global Resources Plc (the "Company") for the Half year ended 30 June, 2023.

LEGAL FORM

Ronchess Global Resources Plc was incorporated on the 5th of September, 2008. In 2022, the Company converted to a public limited liability company and its shares became listed on the Nigerian Stock Exchange.

PRINCIPAL ACTIVITIES

The company is engaged in the business of Road Marking and Construction.

OPERATING RESULTS

The following is a summary of the Company's operating results:

		2023				2022
			₦'000	₦'000
Revenue	3,950,150				4,408,661
Profit/(Loss) before tax	1,193,568				1467,552
Taxation
Profit/(Loss) after tax	1,193,568				1,467,552

DIRECTORS AND THEIR INTERESTS

The names of the present Directors are detailed on page 1. None of the Directors has notified the Company for the purpose of section 303 of the Companies and Allied Matters Act 2020 of any interest in contracts with which the Company was involved during the period under review.

SHAREHOLDERSANDSHAREHOLDING

Shareholding Structure/Free Float Status

	30 - Jun 23	30-Jun-22
		Percentag		Percentag
Description	Unit	e	Unit	e
	91,000,00		91,000,00
Issued Share Capital	0	100%	0	100%
Substantial Shareholdings (5% and above)
	63,791,00		63,791,00
Jackson Ukuevo	0	70.10%	0	70.10%
	14,378,00		14,378,00
Josephine Ukuevo	0	15.80%	0	15.80%
	12,831,00		12,831,00
Others	0	14.10%	0	14.10%
	91,000,00		91,000,00
	0		0
Total Substantial Shareholdings	100.00%	100.00%

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