Trading Statement:
Trading Statement
TELEMASTERS HOLDINGS LIMITED
(Registration Number: 2006/015734/06)
JSE Code: TLM ISIN: ZAE 000093324
(“Telemasters” or “the Company”)
TRADING STATEMENT
In terms of the JSE Listings Requirements, companies are required to provide
guidance to the market when they are satisfied that a reasonable degree of
certainty exists that the financial results for the current reporting period will differ by
at least 20% from the results of the previous corresponding reporting period.
Shareholders are advised that the Company expects its earnings per share and
headline earnings per share for the six months ended 31 December 2019 to be
3.9 cents per share, being 191% higher than the earnings per share and headline
earnings per share of 1.34 cents per share for the six months ended 31 December
2018. This improvement is largely due to the recovery of R1.7 million of debt that was
previously provided for as credit losses.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company’s auditors.
Pretoria
18 March 2020
Designated Advisor
Arbor Capital Sponsors Proprietary Limited
Date: 18-03-2020 04:47:00
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