Rex Trueform - Trading update and cautionary annou
Rex Trueform - Trading update and cautionary announcement
REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
(Share code: RTO ISIN: ZAE000006144)
(Share code RTN ISIN: ZAE 000009700)
(Share code RTOP ISIN: ZAE 000006151)
("Rex Trueform")
Trading update and cautionary announcement
Shareholders are advised that earnings for the year ended 30 June 2003 will be
substantially higher ("substantially" being an increase in excess of 30% as
defined in the revised JSE Securities Exchange South Africa Listings
Requirements) than those of the prior comparative period.
The improvement in earnings is largely attributable to higher levels of turnover
and profit achieved by the Queenspark Retail Division of the group.
Further details will be provided when Rex Trueform"s preliminary results for the
year ended 30 June 2003 are published on or about 5 September 2003.
As a result of the above and as the earnings estimate has not been reviewed and
reported on by Rex Trueform"s auditors, shareholders are advised to exercise
caution when dealing in Rex Trueform shares until the aforementioned preliminary
results are published.
By order of the Board
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