HomeChoice Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005430/06) Share code: HCH ISIN: ZAE000011409
("HomeChoice")
PROFIT WARNING
Further to the profit warning published on 28 January 2003, shareholders are
advised that the deterioration of the mass market consumer credit environment
has severely affected the performance of the HomeChoice Group`s ("the Group")
debtors book, which has resulted in increased provisions against the book.
Revenue also declined substantially compared to previous years.
The above will result in the Group reporting a loss after tax of approximately
R150 million for the financial year ended 31 December 2002.
This Loss Estimate Statement has been reviewed by the independent auditors.
CAPE TOWN
5 February 2003
Sponsor
Wipcapital (Proprietary) Limited
(Registration number 1997/021195/07
Date: 05/02/2003 03:15:26 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
