Home Afrika HY Pretax Loss 138.4 Mln Shillings Vs Loss Of 130.3 Bln Shillings

Aug 31 (Reuters) - Home Afrika Ltd:

* HOME AFRIKA LTD - HY LOSS BEFORE TAX 138.4 MILLION SHILLINGS VERSUS LOSS 130.3 MILLION SHILLINGS

* HOME AFRIKA LTD - HY REVENUE 106.7 MILLION SHILLINGS VERSUS 92.5 MILLION SHILLINGS

* HOME AFRIKA LTD - DO NOT RECOMMEND A DIVIDEND FOR THE HY ENDING 30TH JUNE 2018

* HOME AFRIKA - FUNDRAISING PROCESS PROGRESSED VERY WELL; HOPEFUL PROCESS WILL BE CONCLUDED SHORTLY AND FUNDING COMMITTED TO BY STRATEGIC INVESTOR

* HOME AFRIKA - REMAIN CONFIDENT OF SUBSTANTIAL UNDERLYING MEDIUM TO LONG TERM VALUE OF LAND BANK AND PROFIT GENERATION CAPACITY IN THE PERIODS AHEAD Further company coverage:

2018-08-31 09:55:48

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