Good Hope Diamonds (Kimberly) Limited - Trading St
GDH
GDH
Good Hope Diamonds (Kimberly) Limited - Trading Statement
Good Hope Diamonds (Kimberly) Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1983/013789/06)
Share code: GDH ISIN: ZAE000050381
("Good Hope" or "the company")
TRADING STATEMENT
Good Hope is currently finalising its interim results for the six months ended
31 December 2005 ("the reporting period").
In terms of Section 3.4(b) of the Listings Requirements of the JSE Limited,
relating to Trading Statements, a listed company is required to publish a
trading statement as soon as it is satisfied that a reasonable degree of
certainty exists that the financial results for the next period to be reported
on will differ by at least 20% or more from those of the previous corresponding
period.
Shareholders are advised that Good Hope will be reporting a loss and headline
loss per share of 3,71 cents for the reporting period, compared to the loss and
headline loss per share of 6,33 cents and 2,28 cents respectively in the
previous corresponding period, being the six months ended 31 December 2004.
The reason for the improvement in loss per share is the disposal at a loss of
certain of the equine operations in the previous corresponding period, while the
reason for the decline in headline loss per share is as a result of legal costs
incurred defending the liquidation application of the company"s subsidiary,
Diamond Land Mining (Proprietary) Limited.
The financial information on which this trading statement is based, has been
reviewed by the company"s auditors and the publication of the results is
expected on 29 March 2006.
Sponsor
LPC MANHATTAN MOELA (PTY) LTD
Hyde Park
27 March 2006
Date: 27/03/2006 03:33:02 PM Produced by the JSE SENS Department
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