SKY
SKY
SKY - Sea Kay Holdings Limited - Trading Update
SEA KAY HOLDINGS LIMITED
(Registration number 2006/004967/06)
(Incorporated in the Republic of South Africa)
JSE code: SKY
ISIN: ZAE000102380
("Sea Kay" or "the company")
TRADING UPDATE
Sea Kay is currently finalising its results for the six months ended 31 December
2009 and shareholders are advised that it is expected that the group will
reflect a basic loss and headline loss of between (10.60) cents and (12.50)
cents per share (2008: earnings and headline earnings of 7.84 cents per share).
The loss situation is as a result of cash-flow constraints, which lead to a
slower construction rate and penalties being levied as a result thereof; as well
as a substantial loss on a major project.
The financial information on which this trading update is based has not been
reviewed or reported on by the company`s auditors.
The company`s results for the six months ended 31 December 2009 are expected to
be published on SENS on or about 31 March 2010.
Sandton
19 March 2010
Sponsor
Vunani Corporate Finance
Date: 19/03/2010 12:42:09 Produced by the JSE SENS Department.
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