KDV - Kaydav Group - Trading Statement for the Year Ended 31 December 2008
KDV
KDV
KDV - Kaydav Group - Trading Statement for the Year Ended 31 December 2008
KAYDAV GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/038698/06)
JSE code: KDV & ISIN: ZAE000108940
("KayDav" or "the company")
TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2008
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become aware that the financial
results for the period to be reported upon next will differ by at least 20% from
the financial results for the previous corresponding period.
Shareholders are advised that as a result of impairment to goodwill during the
current reporting period, the company expects to report a loss per share for the
year ended 31 December 2008 of between 30 and 35 cents compared to earnings per
share of 1.3 cents reported in respect of the previous corresponding period.
Headline earnings are expected to be between 6 and 7 cents per share compared to
headline earnings of 1.4 cents in respect of the previous corresponding period.
Shareholders are reminded that the financial results for the previous
corresponding period relate to only a four month trading period.
The financial information on which this trading statement is based has not been
audited by the company`s auditors.
The audited financial results for the year ended 31 December 2008 will be
published on SENS by no later than 31 March 2009.
16 March 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 16/03/2009 16:57:09 Produced by the JSE SENS Department.
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