RLF - Rolfes Technology Holdings Limited - Trading Statement
ROLFES TECHNOLOGY HOLDINGS LIMITED
(Registration number 2000/002715/06)
Share Code: RLF & ISIN: ZAE000096202
("Rolfes" or "the Company")
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as soon as there is a
reasonable degree of certainty that the earnings of the company are likely to
differ by at least 20% from those of the previous corresponding period.
Accordingly, Rolfes hereby advises that, for the year ended 30 June 2009, the
Company expects basic earnings per share and headline earnings per share to be
between 58% to 68% below the comparative figures for the prior year ended 30
The significant decline in the results is primarily due to the losses incurred
in the chemicals division, which division has now been totally restructured.
The operations already closed will be reported as discontinued operations.
Therefore, for the year ended 30 June 2009, the Company expects basic earnings
per share and headline earnings per share in respect of continued operations to
be between 0% to 10% below the comparative figures for the prior year ended 30
The information in this trading update has not been reviewed or reported on by
the Company`s auditors.
It is anticipated that the financial results for the year ended 30 June 2009
will be published on or before Friday, 25 September 2009.
2 September 2009
Designated Adviser: PSG Capital (Proprietary) Limited
Date: 02/09/2009 08:30:01 Supplied by www.sharenet.co.za
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