BELL EQUIPMENT LIMITED - Trading Statement

Trading Statement

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
ISIN: ZAE000028304
Share Code: BEL
(“the Company”)

TRADING STATEMENT

Shareholders are advised that the Company expects to report
earnings per share and headline earnings per share of at least 420
cents, an increase of 120 cents per share or 40% and of 126 cents
per share or 43% respectively, for the year ending 31 December
2022 when compared to the earnings per share and headline earnings
per share of 300 cents and 294 cents respectively for the year
ended 31 December 2021. A further trading statement for the year
ending 31 December 2022 will be released on SENS once the Company
has greater certainty regarding the extent of the expected increase
in its results for the year ending 31 December 2022.

The expected increase in earnings is mainly due to stronger market
conditions which has had a positive impact on production and sales
performance.

The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
auditors.

The results for the year ending 31 December 2022 are expected to
be announced on SENS on or about 30 March 2023.

Richards Bay
19 December 2022
Sponsor: INVESTEC BANK LIMITED




Date: 19-12-2022 11:36:00
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