LAB - Labat Africa - Trading statement for the interim period 31 August 2011
LAB
LAB
LAB - Labat Africa - Trading statement for the interim period 31 August 2011
LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa)
(Registration number: 1986/001616/06)
Share Code: LAB ISIN: ZAE000018354
("Labat" or "the company")
TRADING STATEMENT FOR THE INTERIM PERIOD 31 AUGUST 2011
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited,
listed companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the next period to be
reported on will be more than 20% different from those of the previous
corresponding period or from a profit forecast previously provided to the market
in relation to such period.
Accordingly, shareholders are advised that the Company expects that the earnings
per share for the six months period ended 31 August 2011 will be between 245%
and 265% better than the prior period ended 31 August 2010 and the headline
earnings per share for the six months period ended 31 August 2011 will be
between 300% and 320% better than the prior period ended 31 August 2010.
This trading statement has not been reviewed by the company`s auditors.
Johannesburg
28 November 2011
Sponsors
Arcay Moela Sponsors (Pty) Ltd
Date: 28/11/2011 14:05:00 Produced by the JSE SENS Department.
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