Rex Trueform Clothing Company Limited - Trading St
Rex Trueform Clothing Company Limited - Trading Statement
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: ZAE000009700)
(Share code: RTOP ISIN: ZAE000006151)
("Rex Trueform" or "the company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements ("the Listings Requirements"),
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting period
will be more than 20% different from that of the previous corresponding period.
The directors have considered the current performance of the company and report
as follows:
1. Trading results of the Queenspark retail segment for the first four months
of the current financial year have been below expectations both in terms of
turnover and operating profit.
2. The manufacturing segment continues to operate at a loss during this
transitionary period.
In terms of the Listings Requirements, Rex Trueform accordingly advises that it
expects that earnings and headline earnings per share for the first six months
of the current financial year ending December 2005 are likely to be between 55%
and 75% below those of the comparative period of last year.
Shareholders are advised that the above information has not been reviewed or
reported on by Rex Trueform"s external auditors.
The company"s results for the six months ending 31 December 2005 are expected to
be published at the beginning of March 2006.
Cape Town
18 November 2005
Sponsor
Nedbank Capital
Date: 18/11/2005 05:05:07 PM Produced by the JSE SENS Department
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