WES
WES
WES - Wesco Investments Limited - Trading statement
WESCO INVESTMENTS LIMITED(Incorporated in the Republic of South
Africa)(Registration number 1968/005871/06)JSE share code:WES ISIN:ZAE000007928
("the company" or "the group")
TRADING STATEMENT
Shareholders are advised that in respect of the six months ended 30 September
2007, as compared with the corresponding period last year,
- basic earnings per share will increase from 169 cents to 1 959 cents
- headline earnings per share will increase from 169 cents to 696 cents.
The company has disposed of financial assets held for sale, realising a profit
of R124.6 million. The group`s share of income from associates increased by
97.3%, mainly due to Toyota SA`s improved profitability during the period under
review. In addition, interest earned on surplus funds increased significantly.
This information has not been reviewed or reported on by the auditors of the
company.
The results for the six months to 30 September 2007 are expected to be released
on SENS after close of trading on the JSE Limited on Friday, 9 November 2007 and
published in the press on Monday, 12 November 2007.
By order of the board
Johannesburg
5 November 2007
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
(Registration number 2006/033725/07)
Date: 05/11/2007 17:31:38 Produced by the JSE SENS Department.
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