MIP - Merchant & Industrial Properties Limited - T
MIP
MIP
MIP - Merchant & Industrial Properties Limited - Trading statement
Merchant & Industrial Properties Limited
(Formerly Marshalls Limited)
Code: "MIP" ISIN: "ZAE000102265
("Merchant")
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited, companies are required
to publish a Trading Statement as soon as they become reasonably certain that
the financial results for the period to be reported on next, will differ by more
than 20% from those of the previous corresponding period.
The board of directors of Merchant advises that its headline earnings per share
for the six months ended 31 March 2008 is expected to increase by between 45%
and 65% on the 9,1 cents per share restated reported for the six month period
ended 30 June 2007 and earnings per share is expected to increase by between 80%
and 100% on the 4,3 cents per share restated reported for the same period.
The forecast contained in this Trading Statement has not been reviewed or
reported on by the company`s external auditors. Merchant will release its
interim results for the period ended 31 March 2008 on or about Friday, 16 May
2008.
By order of the board
Durban
7 May 2008
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 07/05/2008 17:00:01 Produced by the JSE SENS Department.
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