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Masonite's huge profit rise of 145%

Masonite (Africa) Limited advised on Tuesday (19 February) that its profit from operations‚ excluding the adjustment in fair value of biological assets‚ for the period ended December 2012 is expected to be 135% to 145% higher than that of the comparative period in 2011 due to improved trading margins and other operational improvements.

20 Feb 2013

After adjusting for the increase in the fair value of biological assets it is expected that earnings per share and headline earnings per share will be between 220% and 230% higher than that of the previous year.

The results are expected to be released towards the end of March.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za