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    DRX   CA00089N1033

ADF GROUP INC.

(DRX)
  Report
Delayed Toronto Stock Exchange  -  03:59 2022-12-09 pm EST
2.010 CAD   +5.24%
12/08Adf group inc. announces results for the three-month and nine-month periods ended october 31, 2022
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12/07Transcript : ADF Group Inc., Q3 2023 Earnings Call, Dec 07, 2022
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12/07ADF Group Q3 EPS Flat at $0.09 Vs Year Ago; Revenue Falls to $65.0 Million from $110.2 Million
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Suspected Islamists free over 800 prisoners in attack on east Congo jail

08/10/2022 | 04:18pm EST

BENI, Democratic Republic of Congo (Reuters) - Dozens of armed attackers have freed over 800 prisoners from a jail in eastern Democratic Republic of Congo, local authorities said on Wednesday, blaming an Islamist militant group.

Two police officers and a civilian were killed and part of the facility was damaged by a fire during the overnight attack on the central prison in the city of Butembo, said Antony Mwalushayi, a spokesperson for the army's operations against armed groups in Democratic Republic of Congo's North Kivu province.

"The enemy was heavily armed with a headcount of at least 80 individuals. They managed to break (into) ... the prison and free all the prisoners," Mwalushayi told reporters, without saying how many prisoners had escaped.

Prison director Brunelle N'kasa later told Reuters only 58 of 874 inmates remained.

Mwalushayi said he was confident the Allied Democratic Forces (ADF) was behind the attack. The Ugandan armed group, which has been active in eastern Congo since the 1990s, has links to Islamic State and is responsible for repeated massacres.

Butembo Mayor Mowa Baeki-Telly appealed to residents to help round up the prisoners.

"If there is an escapee, he should not be burned - do not kill him ... bring him here to us so that we can put him back in prison," he told reporters.

Escapes are common from Congo's overcrowded and poorly secured prisons. In 2020, the ADF was linked to a prison break that freed more than 1,300 inmates in the eastern city of Beni.

(Writing by Alessandra Prentice; Editing by Mike Harrison)

By Erikas Mwisi Kambale and Fiston Mahamba


ę Reuters 2022
All news about ADF GROUP INC.
12/08Adf group inc. announces results for the three-month and nine-month periods ended octob..
AQ
12/07Transcript : ADF Group Inc., Q3 2023 Earnings Call, Dec 07, 2022
CI
12/07ADF Group Q3 EPS Flat at $0.09 Vs Year Ago; Revenue Falls to $65.0 Million from $110.2 ..
MT
12/07ADF Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended Oct..
CI
12/07Adf group inc. announces the results for the three-month and nine-month periods ended o..
AQ
12/07ADF Group Brief: Q3 Revenues of $65.0 million
MT
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Financials
Sales 2022 281 M 206 M 206 M
Net income 2022 9,56 M 7,02 M 7,02 M
Net Debt 2022 29,5 M 21,7 M 21,7 M
P/E ratio 2022 5,97x
Yield 2022 1,14%
Capitalization 65,6 M 48,2 M 48,2 M
EV / Sales 2021 0,33x
EV / Sales 2022 0,31x
Nbr of Employees 604
Free-Float 48,8%
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Jean Paschini Chairman & Chief Executive Officer
Pierre Paschini President, COO & Non-Independent Director
Jean-Franšois Boursier Chief Financial Officer
Myriam Blouin Independent Director
Guy Pelletier Independent Director
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