TRUSTCO GROUP HOLDINGS LIMITED - Further trading statement for the year ended 31 March 2014
TTO 201406250033A
Further trading statement for the year ended 31 March 2014
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
("the Group")
FURTHER TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2014
Shareholders are advised that the Group is still finalising its
annual financial statements for the year ended 31 March 2014.
Shareholders are referred to the Trading Statement published by the
group on 12 June 2014, wherein shareholders were advised that;
- headline earnings per share for the year ended 31 March 2014 is
expected to be at a minimum of 14.87 cents, which is 220% higher
than the 4.65 cents for the previous comparable period
(“comparable period”); and
- basic earnings per share for the year ended 31 March 2014 will
be at a minimum 29.34 cents, which is 442% higher than the 5.41
cents for the comparable period.
The Group now expects the following for the year ended 31 March
2014:
- headline earnings per share of between 18.34 cents and 19.27
cents, being between 294% and 314% higher than that for the
comparable period; and
- basic earnings per share of between 33.02 cents and 34.11 cents,
being between 510% and 530% higher than that for the comparable
period.
Further details will be provided in the abridged audited group
results for the year ended 31 March 2014 and the annual integrated
report, due to be released on or about 27 June 2014.
The financial information on which this trading statement is based
has not yet been reviewed or reported on by the Group's auditors.
By order of the board
DJ Steyn
Company Secretary
25 June 2014
JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)
NSX Sponsor
IJG (Pty) Limited
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