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JSC - Jasco Electronics Holdings - Trading statement
JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC ISIN: ZAE000003794
("Jasco" or "the Company")
Trading statement
Jasco wishes to advise shareholders that both earnings per share ("EPS") and
headline earnings per share ("HEPS") for the six months to 31 December 2009 are
expected to be between 55% and 65% lower than the 23,4 cents EPS and 23,5 cents
HEPS reported for the 6 month period ended 31 August 2008.
However, as the Company changed its financial year-end from February to June
during 2009, a more like-for-like comparison to the current six months will be
the six months to December 2008. Accordingly, the EPS and HEPS for the six
months to 31 December 2009 are expected to be between 25% and 35% lower than the
comparative EPS and HEPS of 14,0 and 14,1 cents per share respectively for the
six months to 31 December 2008.
The decrease in earnings was primarily due to the continued impact of poor
economic and market conditions.
The information in this trading statement has not been reviewed or reported on
by the Company`s external auditors.
Jasco`s results will be announced on 4 February 2010.
Johannesburg
26 January 2010
Sponsor
Grindrod Bank Limited
Date: 26/01/2010 09:15:01 Produced by the JSE SENS Department.
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