HomeChoice Holdings Limited
(Reg no 1991/005430/06)
JSE Share Code: HCH ISIN number ZAE000011409
("HomeChoice" or "the Group")
Profit Warning
Given current negative trends prevailing over mass market consumer debtor
books coupled with new computer system difficulties during 2001, the
directors of HomeChoice have deemed it prudent to increase the Group
provisions for doubtful debts.
Combined with a difficult trading year, this will result in the Group
reporting a loss for the financial year ended 31 December 2001.
Corrective measures to return the group to profitability have been
implemented.
Cape Town
31 January 2002
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