QUY
QUY
QUY - Quyn Holdings Limited - Trading Statement
Quyn Holdings Limited
Code: QUY
ISIN Code: ZAE000017257
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited ("the JSE"),
listed companies are required to publish a trading statement as soon as
they become reasonably certain that the financial results for the period
next to be reported on will be more than 20% different from those of the
previous corresponding period.
Accordingly shareholders are advised that the group results for the year
ended 28 February 2007 have shown an improvement when compared to the
previous corresponding period.
Consequently, headline earnings per share are expected to be between 320%
and 330% and earnings per share are expected to be between 130% and 140%
higher than those achieved in the previous corresponding period.
The increase is directly attributable to the continued momentum of the
growth evidenced by the group over the previous 18 months resulting from
a focus on improvements in efficiencies and margins, the realization of
mature property investments as well as the selection of sound development
opportunities which are being proceeded with in line with a strategy to
develop and own a substantial income producing property portfolio within
the group..
The above information has not been reviewed or reported on by the
company`s auditors.
The company`s unaudited results for the year ended 28 February 2007 are
expected to be released by 7 June 2007.
1 June 2007
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 01/06/2007 15:10:00 Produced by the JSE SENS Department.
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