1TM
1TM
1TM - 1time Holdings Limited - Trading Statement
1time Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/017536/06)
(JSE code: 1TM ISIN: ZAE000102026)
("1time", "the company" or "group")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are
required to publish a trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial results for the period
to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.
Shareholders are advised that 1time is currently finalising its results for the
twelve months ended 31 December 2009. The earnings per share and headline
earnings per share for the comparable period ended 31 December 2008 were a loss
of 4.70 cents per share and a profit of 0.46 cents per share respectively. For
the twelve months ended 31 December 2009 earnings per share is expected to be
between 17 cents and 20 cents per share and the headline earnings per share is
expected to be between 36 cents and 40 cents per share. The financial
information on which this trading statement is based has not been reviewed by
1time`s auditors.
The difference between earnings and headline earnings per share is largely due
to impairment on aircraft resulting from the strengthening of the Rand/US Dollar
exchange rate and the decrease in aircraft US Dollar value.
The results for the twelve months ended 31 December 2009 are expected to be
published on SENS by the end of March 2010.
16 March 2010
Johannesburg
Designated Adviser
Exchange Sponsors
Date: 16/03/2010 16:03:02 Produced by the JSE SENS Department.
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