AND - Andulela Investment Holdings Limited - Trading statement
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AND - Andulela Investment Holdings Limited - Trading statement
ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
Share code: AND ISIN code: ZAE000125894
("Andulela" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are satisfied that
a reasonable degree of certainty exists that the financial results for the
period to be reported upon next will differ by at least 20% from the
financial results for the previous corresponding period.
In compliance with the Listing Requirements of the JSE Limited and in
respect of the six month period ended 30 June 2011, compared to the
eighteen months ended 31 December 2010 ("previous reporting period") (in
consideration of the change in financial year end during 2010 from 30 June
to 31 December), shareholders are accordingly advised that:
- The company expects both earnings and headline earnings for the six
months ended 30 June 2011 of between 0.12 cents and 0.14 cents per
share, compared to a loss and headline loss of 7.48 and 0.54 cents per
share respectively for the audited results of the previous reporting
period ended 31 December 2010.
- In respect of the six months ended 30 June 2011 and comparing it with
the comparable six months ended 30 June 2010 ("comparable period"),
shareholders are advised that the company expects both earnings and
headline earnings for the six months ended 30 June 2011 of between
0.12 cents and 0.14 cents per share, compared to a loss and headline
loss of 22.42 and 1.11 cents per share respectively for the comparable
period.
The financial information on which this trading statement is based has not
been reviewed or reported on by the company`s auditors.
Andulela`s reviewed interim financial results for the six months ended 30
June 2011 are expected to be released by no later than 30 September 2011.
14 September 2011
Sponsor
Java Capital
Date: 14/09/2011 15:45:02 Produced by the JSE SENS Department.
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