HCI warns of writedowns to gaming and mining interests
The group expects to report a loss per share for its year to end-March
11 June 2020 - 14:33
Empowerment conglomerate Hosken Consolidated Investments (HCI), which is headed by Johnny Copelyn, warned on Thursday that it has taken an earnings hit from writedowns across its hospitality and mining interests.
The group expects to report a loss per share of between 4,571.1c and 4,612.4c in its year to end-March, from earnings of 862.2c previously. Headline earnings, which strip out exceptional items, are expected to rise by between 2.8% and 7.8%, the group said...
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