Trading statement
BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013247/06)
(Share Code: BIK ISIN Code: ZAE000101945)
(“Brikor” or “the Company”)
Trading update
In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to
publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for
the period to be reported on will differ by at least 20% from the previous corresponding period.
A review by management of the financial results for the year ended 29 February 2020 has indicated, with a
reasonable degree of certainty, that earnings per share (“EPS”) of Brikor is expected to be between 0.15
cents and 0.25 cents compared to that of the previous corresponding year which reported EPS of 1.3 cents
per share for the year ended 28 February 2019. This equates to a decrease in EPS of between 80.77% and
88.46% when compared to the previous reporting year.
Headline earnings per share (“HEPS”) is expected to be between 0.05 cents and 0.15 cents compared to the
previous corresponding year which reported HEPS of 0.7 cents per share for the year ended 28 February
2019. This equates to a decrease in HEPS of between 78.57% and 92.86% when compared to the previous
reporting year.
The financial information on which this trading statement is based has not been reviewed or reported on by
Brikor’s auditors. The Company’s financial results for the year ended 29 February 2020 are expected to be
released before the end of July 2020.
20 July 2020
Nigel
Designated adviser
Exchange Sponsors
Date: 20-07-2020 08:58:00
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