MIP
MIP
MIP - Merchant & Industrial Properties Limited - Trading statement
Merchant & Industrial Properties Limited
(Registration number 1987/002656/06)
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 2009 is expected to decrease by between 40%
and 50% on the 14,1 cents per share reported for the six month period ended 31
March 2008 and earnings per share is expected to increase by between 10% and 20%
on the 8,2 cents per share reported for the same period.
The financial information 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 2009 on or about
Friday, 22 May 2009.
By order of the board
18 May 2009
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 18/05/2009 13:15:01 Produced by the JSE SENS Department.
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