JDH - John Daniel Holdings Limited - Trading Update
JDH
JDH
JDH - John Daniel Holdings Limited - Trading Update
JOHN DANIEL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1998/013215/06)
Share code: JDH & SIN: ZAE000136677
("the Group" or "JDH")
Trading Update
In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are
required to publish a trading update as soon as they become reasonably certain
that the financial results for the period to be reported on next will be more
than 20% different from the previous corresponding period.
Accordingly, shareholders are advised that the group results for the year ending
31 December 2009 differ compared to the previous corresponding period.
Shareholders are advised that earnings and headline earnings per share are
expected to show a decline of 195% if compared to the previous corresponding
period assuming the consolidation of the shares had been effected in this
period. The differences are mainly attributable to:
1. The effects of the global economic crisis on revenue.
2. The strong South African Rand.
3. Increasing raw material prices.
This trading update has not been reviewed or audited by the company`s auditors.
The company`s unaudited interim results for the period ending 31 December 2009
are expected to be published on 31 March 2010.
By order of the Board
Stellenbosch
Date: 30 March 2010
Sponsor
ARCAY MOELA SPONSOR (PTY) LTD
(Registration number: 2006/033725/07)
Date: 30/03/2010 17:49:41 Produced by the JSE SENS Department.
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