MIP
MIP
MIP - Merchant & Industrial Properties Limited - Trading Statement
Merchant & Industrial Properties Limited
(Registration number 1987/002656/06)
Code: "MIP" ISIN: "ZAE000102265"
("Merchant" or "the Company")
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited, companies are required
to publish a Trading Statement as soon as they become reasonably certain that
the financial results for the period to be reported on next, will differ by more
than 20% from those of the previous corresponding period.
The board of directors of Merchant advises that its headline earnings per share
for the six months ended 31 March 2010 is expected to increase by between 50%
and 60% on the 8,0 cents per share reported for the six month period ended 31
March 2009 and earnings per share is expected to increase by between 40% and 50%
on the 9,2 cents per share reported for the same period.
The information contained in this Trading Statement has not been reviewed or
reported on by the company`s external auditors. Merchant will release its
interim results for the period ended 31 March 2010 on or about Tuesday, 18 May
2010.
By order of the board
5 May 2010
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 05/05/2010 10:40:01 Produced by the JSE SENS Department.
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