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Trading Statement
Nutritional Holdings
(Registration number 2004/002282/06)
(Incorporated in the Republic of South Africa)
Share Code: NUT ISIN: ZAE000156485
(“Nutritional Holdings” or “the Company”)
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the Listings
Requirements of the JSE Limited, companies are required to
inform shareholders as soon as there is a reasonable degree of
certainty that the earnings of the Company are likely to vary
by more than 20% compared to the previous corresponding
reporting period.
Accordingly shareholders are advised that the company expects
a loss per share of between 0.87 and 0.91 cents per share,
compared to earnings of 0.2 cents per share in the previous
corresponding reporting period. Headline earnings per share is
not expected to vary by more than 20%.
In the previous corresponding reporting period the Company
reversed a portion of the impairment of the intangible asset
relating to the distribution rights of the Imuniti Nutritional
Supplement Combo Pack as they had received orders and produced
this product at that time. Further anticipated orders did not
materialise and as a result the R7.2 million has once again
been impaired. Had this impairment reversal and subsequent
impairment not been done, the earnings per share compared to
the previous corresponding reporting period would be below the
20% variance disclosure requirement.
Shareholders are hereby advised that the Company is currently
in the process of finalising the results for the year ended 28
February 2013. The results for the year ended 28 February 2013
are expected to be published on or about 31 May 2013.
The financial information on which this trading statement is
based has not been reviewed nor been reported on by the
Company’s external auditors.
Umhlanga
6 May 2013
Designated adviser: PSG Capital Proprietary Limited
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