SLO - Southern Electricity Company Limited - Trading Statement
SLO
SLO
SLO - Southern Electricity Company Limited - Trading Statement
Southern Electricity Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/006894/06)
Share code: SLO ISIN: ZAE000041919
("SELCo" or "the company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the JSE Limited`s Listings
Requirements, a listed company is required to issue a trading
statement as soon as it is satisfied that a reasonable degree of
certainty exists that the financial results for the period to be
reported on next will differ by at least 20% from the financial
results of the previous corresponding period.
Both earnings and headline earnings per share are expected to range
between 5.40 cents and 5.50 cents compared to the corresponding
period`s earnings and headline earnings per share of 2.01 cents.
These increases are attributable to an improvement in operating
efficiencies.
The financial information on which this trading statement is based
has not been reviewed or reported on by the company`s auditors.
The results for the year ended 30 June 2010 are expected to be
published on or about 30 September 2010.
Johannesburg
26 August 2010
Sponsor: Grindrod Bank Limited
Date: 26/08/2010 10:55:01 Produced by the JSE SENS Department.
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