Fri 17 Nov 2023, 9:30 | | BRIKOR LIMITED - Trading update |
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Trading update
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 six months ended 31 August 2023 has indicated,
with a reasonable degree of certainty, that earnings per share ("EPS") of Brikor is expected to be a profit of
between 2.3 cents and 2.8 cents per share compared to that of the previous corresponding period which
reported EPS of 0.1 cents per share for the six months ended 31 August 2022. This equates to an increase
in EPS of more than 100% when compared to the previous reporting period.
Headline earnings per share ("HEPS") is expected to be a profit of between 2.4 cents and 2.9 cents per
share compared to the previous corresponding period which reported HEPS of 0.0 cents per share for the six
months ended 31 August 2022. This equates to an increase in HEPS of more than 100% when compared to
the previous reporting period.
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 six months ended 31 August 2023 are expected to
be released before the end of November 2023.
17 November 2023
Nigel
Designated adviser
Exchange Sponsors
Date: 17-11-2023 09:30:00
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