PKH - Protech Khuthele Holdings Limited - Trading statement

PKH - Protech Khuthele Holdings Limited - Trading statement                     
Protech Khuthele Holdings Limited                                               
Registration number 2000/024352/06                                              
JSE code: PKH  ISIN: ZAE000101986                                               
("Protech" or "the Group")                                                      
TRADING STATEMENT                                                               
In terms of section 3.4 of the JSE Limited Listings Requirements,               
companies are required to publish a trading statement as soon as they           
become reasonably certain that the financial results for the period to          
be reported on will be more than 20% different from that of the previous        
corresponding period. Protech is currently finalising its results for           
the six months ended 31 August 2011.                                            
As a result of the continuing difficult trading conditions, the                 
directors of Protech anticipate that  headline earnings per share and           
earnings per share, for the six months ended 31 August 2011,  will              
decline by between 35% - 40% and 50% - 55%, respectively from those             
reported for  the previous corresponding period being the six months            
ended 31 August 2010.                                                           
The difficult trading conditions can largely be attributed to the delay         
in capital projects in the mining sector and extremely competitive              
market conditions across the entire construction sector. Despite                
challenging market conditions, Protech maintains a realistic pipeline of        
work in excess of R1.5 billion.                                                 
The above information has not been reviewed or reported on by the               
company`s auditors.                                                             
The Group`s interim results for the six months ended 31 August 2011 are         
expected to be published on SENS on or about 14 November 2011.                  
Johannesburg                                                                    
26 October 2011                                                                 
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
Date: 26/10/2011 13:00:02 Supplied by www.sharenet.co.za                     
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