SKW
SKW
SKW - Skinwell Holdings Limited - Trading Statement
SKINWELL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: SKW
ISIN: ZAE000135893
("Skinwell" or "the company")
TRADING STATEMENT
In accordance with paragraph 3.4 of the Listings Requirements of the JSE
Limited, a listed company is required to publish a trading statement as
soon as it becomes aware, with a reasonable degree of certainty, that the
financial results for the next period to be reported on are likely to vary
by more than 20% from the previous corresponding period.
For the year ended 28 February 2011 Skinwell reported a loss per share and
a headline loss per share of 0.22 cents and 0.15 cents respectively. For
the year ending 29 February 2012, the company expects to report both
earnings and headline earnings of between 1.0 and 1.2 cents per share.
The company`s improved performance can be attributed primarily to the
improved performance of Skinwell`s beauty salons and costs being well
managed.
The financial information on which this trading statement is based has not
been reviewed or reported on by the company`s auditors.
15 February 2012
Designated Adviser:
Grindrod Bank Limited
Date: 15/02/2012 09:45:14 Produced by the JSE SENS Department.
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