Quyn Holdings Limited- TRADING STATEMENT
Quyn Holdings
(Incorporated in the Republic of South Africa)(Registration Number: 1998/012245/06)
(Share code: QUY ISIN: ZAE000017257)
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Securities Exchange SouthAfrica, companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be
reported on next will be more than 20% different from that of the previous
corresponding period.Accordingly, shareholders are advised that the group earnings per share for the
year ended 28 February 2005, primarily as a result of the revaluation of
investment properties in terms of South African Statements of Generally Accepted
Accounting Practice Statement AC135: Investment Property, have shown animprovement when compared to the previous corresponding period, being the year
ended 29 February 2004. Consequently, earnings per share are expected to 8.63
cents per share compared to a loss of 9.53 cents per share in 2004 and headline
earnings are expected to be a loss of 2.83 cents per share compared to the lossper share of 14.03 cents in the previous corresponding period.
The above information has been reviewed by the company`s auditors. The
company`s reviewed results for the year ended 28 February 2005 will be released
on 1 June 2005.31 May 2005
Sponsor
LPC MANHATTAN MOELADate: 31/05/2005 03:11:06 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
