Jasco Electronics Holdings Limited - Trading Statement
JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003293/06)
Share Code: JSC ISIN: ZAE000003794
(`Jasco` or `the company`)
TRADING STATEMENT
Shareholders were advised on 10 August 2004 that due to improved trading
conditions, Jasco`s interim results would reflect a headline earnings per share
(`heps`) profit as opposed to last year`s interim heps loss.
As indicated at its year-end results to February 2004, Jasco`s core operating
divisions recovered from the initial setback of the rapid strengthening of the
Rand and the lack of telecommunications orders to deliver improved results.
Jasco`s turnaround continues to gather momentum and results for the six months
to 31 August 2004 will reflect heps of between 6,5 cents and 7,5 cents compared
to the headline loss of 2,3 cents per share for the comparable period last year.
Excluding the effect of a deferred tax asset, heps will be between 9,5 and 10,5
cents compared to a headline loss of 2,8 cents per share for the comparable
period last year.
The interim results for the six months ended 31 August 2004 will be published on
SENS on Thursday, 7th October 2004, at which stage full details will be provided
regarding the company`s results. The information contained herein has not been
reviewed and/or reported on by the company`s auditors.
Woodmead
13 September 2004
SPONSOR
SASFIN CORPORATE FINANCE
A division of Sasfin Bank Limited
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