PAL
PAL
PAL - Pals Holdings Limited - Trading Statement
PALS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/002753/06)
Share Code: PAL & ISIN: ZAE000005237
("Pals" or "the company")
TRADING STATEMENT
Shareholders are advised that the headline earnings and earnings of Pals for the
half year ended 31 December 2006 will be a loss of 16.6 cents per share, 21.4
cents lower than that for the previous comparable period. The company made a
loss for the half year after making a profit for the same period ending 31
December 2005. This reversal is mainly due to the fact that the fluctuating rand
has generated R549, 000 in foreign exchange losses as well as eroding margins on
our imported goods.
The financial information on which this trading statement is based has not been
reviewed by the company`s auditors. The financial results of Pals are expected
to be published on or about 30 March 2007.
Cape Town
23 March 2007
Sponsor
SASFIN CAPITAL
A Division of Sasfin Bank Limited
Date: 23/03/2007 10:07:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
