Trading Statement
Gijima Group Limited
(previously Gijima AST Group Limited)
Registration number 1998/021790/06
Share code: GIJ
ISIN: ZAE000147443
(“Gijima” or "the Company")
TRADING STATEMENT
Gijima is currently finalising its results for the six months
ended 31 December 2012, which are planned for release on SENS
on or about 25 March 2013.
Gijima concluded the disposal of its mining technology and
consulting businesses (MineRP) in November 2012. The results
of MineRP up to the date of its disposal, including the once-
off impact of its disposal, are classified as discontinued
operations in the Company’s records for the six months ended
31 December 2012.
Shareholders are advised that Gijima’s reported basic earnings
per share (“EPS”) for the six months ended 31 December 2012
(continuing and discontinued operations) are expected to
reduce to a loss of between 2.25 cents and 2.85 cents from the
reported basic EPS of 3.10 cents for the six months ended 31
December 2011. Discontinued operations, as a consequence of
the once-off impact of the disposal of MineRP, are expected to
contribute a profit of between 8.40 and 8.70 cents to the EPS
loss.
Headline earnings per share (“HEPS”) for the six months ended
31 December 2012 (continuing and discontinued operations) are
expected to reduce to a loss of between 10.30 and 10.90 cents
from the HEPS of 3.11 cents for the six months ended 31
December 2011. Discontinued operations are expected to
contribute a loss of between 0.85 cents and 1.15 cents to the
expected HEPS.
The financial information on which this trading statement is
based has not been audited and reported on by the Company’s
external auditors.
Samrand
22 February 2013
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 22/02/2013 02:53:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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