Rex Trueform expects interim earnings to be sharply lower

Clothing company Rex Trueform said on Wednesday that headline earnings per share for the six months to the end of December would be 65.3% lower than the earnings for the previous comparable half-year, owing to tough economic trading conditions.

Headline earnings will be 22.7c per share compared with previous interim earnings of 65.3c per share.

The group will release its interim results on or about 10 March.