Manufacturing News South Africa

Rex Trueform's earnings in tatters

Rex Trueform Clothing Company advised on Monday (3 June) that it expects headline earnings per share and earnings per share for the twelve months to June to be at least 160% lower than those last year.

The company says it is not able to determine with certainty by what percentage the results will be lower than the previous year.

"An updated trading statement would be issued as soon as a reasonable degree of certainty was obtained‚" the company added.

Source: I-Net Bridge

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