Subscribe & Follow
Advertise your job vacancies
Trending
Jobs
- Paint Industry Branch Supervisor Plettenberg Bay
Beige earnings up
Retail and wholesale manufacturer Beige Holdings on Monday, 29 June 2009, advised that it expected its headline earnings per share for the year to end March 2009 to decline between 15% and 35% based on previous published prior year results.
But the company, which was restating its previous year results due to among other things its Crystal Pack acquisition, said headline earnings per share should increase by between 15% and 35% based on restated results for the prior period.
Earnings per share were expected to increase between 180% and 200% based on previous published prior year results while earnings per share should increase by between 145% and 165% based on restated results for the prior period.
The company said included in the current year results and restated prior year results are unrealised profit positions in respect of fair value adjustments of financial instruments.
If these unrealised profit positions are eliminated, the increase in earnings per share in the current year compared to the restated results for the prior year is expected to be between 115% and 135%.
Published courtesy of
