BEL
BEL
BEL - Bell Equipment Limited - Trading update
BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
Share Code: BEL ISIN: ZAE000028304
("Bell" or "the Company")
BELL TRADING UPDATE
The unaudited management accounts (which have been prepared in terms of
International Financial Reporting Standards) for the four months ended 30
April 2009 reflect an after tax loss of R74,6 million (April 2008: R168,4
million profit after tax). This translates into a loss per share of 73 cents
(April 2008: 170 cents earnings per share) and a headline loss per share of 73
cents as compared to 170 cents headline earnings per share for the four months
ended 30 April 2008. The disappointing results are as a result of a longer than
expected severe downturn in demand for the groups products which to date has
shown very little signs of improvement.
The financial information in this trading update has not been reviewed and
reported on by the Company`s auditors.
A summary of the unaudited abridged financial statements for the period
ended 30 April 2009 has been posted on our investor relations website.
Richards Bay
1 June 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01/06/2009 11:53:02 Produced by the JSE SENS Department.
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