TRUSTCO GROUP HOLDINGS LIMITED - Trading statement
TTO 201310300023A
Trading statement
TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
(“Trustco” or "the Group")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited,
shareholders are advised that the Group’s earnings per ordinary
share for the interim period ended 30 September 2013 are
expected to be between 15% to 25% higher when compared with the
previous corresponding period in 2012, and headline earnings per
ordinary share are expected to be between 50% to 60% lower when
compared with the previous corresponding period in 2012.Revenue
is expected to be between 5% to 10% higher than the comparative
period, with gross profit margin expected to improve to 76% from
61% in the corresponding period in 2012.
The financial information on which this trading statement is
based has not been reviewed or reported on by Trustco`s
auditors.
The Group`s results for the year ended 30 September 2013 will be
published on or about 4 November 2013.
By order of the board
D J Steyn
Company Secretary
30 October 2013
JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)
NSX Sponsor
IJG (Pty) Limited
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