To view the PDF file, sign up for a MySharenet subscription.

INSIMBI REFRACTORY & ALLOY SUP LTD - Trading Statement for Year Ended 28 February 2013

Release Date: 30/04/2013 15:00
Code(s): ISB     PDF:  
Wrap Text
Trading Statement for Year Ended 28 February 2013

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company” or “the group”)


TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2013


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.


Shareholders are advised that the headline earnings per share ("HEPS") for the year ended
28 February 2013 is expected to be between 80% and 100% higher as a result of revaluation of land
and buildings and earnings per share ("EPS") is expected to be between 40% and 60% lower than
the previous year.


The group is in the final stages of finalising its audited results for the year ended 28 February 2013
which are expected to be published on SENS on or before 31 May 2013. Shareholders are further
advised that the above information has not been reviewed or reported on by the group`s auditors.


Johannesburg
30 April 2013
Sponsor: Bridge Capital Advisors (Pty) Limited

Date: 30/04/2013 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story