WES
WES
WES - Wesco Investments Limited - Trading Statement
WESCO INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/005871/06)
Share Code: WES & ISIN: ZAE000007928
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, the Company is
obliged to issue a trading statement when there is a reasonable degree of
certainty that the financial results to be reported on will differ by at
least 20% from the financial results for the previous corresponding period.
Shareholders are advised that, in respect of the six months ended 30
September 2008 compared to the same period of the previous year:
- basic earnings will increase from 1 959 cents per share to 7 568 cents per
share; and
- headline earnings will decrease from a profit of 696 cents per share to a
loss of 1 873 cents per share.
Shareholders are reminded that, as the company is classified as a cash shell
following upon the disposal of all its assets, these results are not
comparable to those for the previous corresponding period.
This financial information has not been reviewed and reported on by the
auditors of the company.
By order of the board
Johannesburg
14 November 2008
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 14/11/2008 15:45:16 Produced by the JSE SENS Department.
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