Tradehold explains why it expects a big drop in first-half headline earnings
Tradehold expects its first-half headline earnings a share to be from 65% to 69% lower
31 October 2016 - 18:42
Tradehold expects headline earnings per share for the six months to August to fall 65%-69%, or 2.5-2.7p, from 3.9p in the year-earlier period, the company said on Monday. The company attributed the decrease mainly to the inclusion of gains due to the sale of noncore listed shares and unrealised foreign exchange profits in the 2015 period. The interim result are due for release on November 16. The counter closed 7.48% lower at R19.80.
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