ART 201806110016A
Trading Statement
Argent Industrial Limited
(Registration number 1993/002054/06)
(Incorporated in the Republic of South Africa)
Share Code: ART
ISIN: ZAE000019188
(“Argent” or “the Company”)
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are satisfied that there is a reasonable
degree of certainty that the financial results for the next reporting period will differ by more
than 20% from those of the previous corresponding period.
Headline earnings per share for the year ended 31 March 2018 are expected to be between
1% and 18% higher at 68.41 and 82.34 cents per share than the 69.6 cents per share reported
for the previous corresponding period.
Loss per share for the 12 months ended 31 March 2018 is expected to be between 394% and
414% lower at a loss of between 199.81 cents per share and a loss of 213.41 cents per share
than the 68 cents earnings per share reported for the previous corresponding period.
The loss per share relates to various South African impairments which were fully disclosed in
the interim results released on 13 November 2017.
The above information has not been reviewed or reported on by the Company’s external
auditors. It is anticipated that the audited results for the year ended 31 March 2018 are to be
published on SENS on or about 29 June 2018.
Umhlanga
11 June 2018
Sponsor
PSG Capital
Date: 11/06/2018 09:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
