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HUGE GROUP LIMITED - Trading Statement

Release Date: 24/11/2014 11:10
Code(s): HUG     PDF:  
Wrap Text
Trading Statement

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG     ISIN: ZAE000102042
(“Huge” or “the Group” or “the Company”)


TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited Listings
Requirements, a listed company is required to publish a
trading statement as soon as a reasonable degree of
certainty exists that the financial results to be
reported upon next will differ, by at least 20%, from the
financial results for the corresponding period in the
prior year.

Huge is in the process of preparing its financial results
for the six months ended 31 August 2014.

Shareholders are accordingly advised that a reasonable
degree of certainty exists that the Company’s results
will reflect an increase in earnings per share of between
120% and 140% (being an increase of between 4.93 and 5.75
cents per share) and an increase in headline earnings per
share of between 40% and 60% (being an increase of
between 2.43 and 3.64 cents per share) when compared to
the earnings per share and headline earnings per share
for the six months ended 31 August 2013 of 4.11 and 6.07
cents per share respectively.

This trading statement has not been reviewed or reported
on by the Company’s external auditors.


Johannesburg
24 November 2014

Designated Adviser
AfrAsia Corporate Finance Proprietary Limited

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