IFH - IFA Hotels & Resorts Limited - Trading update for the six months ended 31
IFH
IFH
IFH - IFA Hotels & Resorts Limited - Trading update for the six months ended 31
December 2010
IFA Hotels & Resorts Limited
(Incorporated in the Republic of South Africa)
(Registration number 1919/001318/06)
Share code: IFH
ISIN: ZAE000075669
("IFA" or "the Group")
Trading update for the six months ended 31 December 2010
In accordance with paragraph 3.4 (b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the reporting period will
differ by more than 20% from those of the previous corresponding period.
Shareholders of IFA are therefore advised that the profit per share for the six
months ended 31 December 2010 is expected to be between 1.00 cent and 3.00 cents
(2009: loss 10.41 cents per share) and the headline loss per share for the six
months ended 31 December 2010 is expected to be between 2.00 cents and 4.00
cents (2009: loss 10.41 cents per share).
The results for the six months ended 31 December 2010 will be published towards
the end of March 2011.
The improved results for the six months ended 31 December 2010 are mainly
attributable to a gain on the disposal of the Group`s Namibian interest and
lower finance costs.
This trading statement has not been reviewed or reported on by the Group`s
external auditors.
18 March 2011
Zimbali
Sponsor
QuestCo Sponsors (Proprietary) Limited
Date: 18/03/2011 17:03:01 Produced by the JSE SENS Department.
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