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REX TRUEFORM CLOTHING COMPANY LTD - Further trading statement

Release Date: 06/03/2015 15:55
Code(s): RTN RTO RTOP     PDF:  
Wrap Text
Further trading statement

REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
 JSE share code: RTO ISIN: ZAE000006144
 JSE share code: RTN ISIN: ZAE000009700
 JSE share code: RTOP ISIN: ZAE000006151
                                             (“Rex Trueform”)


FURTHER TRADING STATEMENT


Shareholders are referred to the trading statement released on SENS on 23 February 2015 wherein Rex
Trueform stated that while it had moved to a profit making position in the current reporting period from a loss
making position in the previous corresponding period, it did not have reasonable certainty to provide guidance
as to either the specific percentage and numbers, or the range and numbers, to describe the difference in the
financial results in such periods and stated further that it expected its earnings per share to improve by at least
558% and its headline earnings per share to improve by at least 340% for the six months ended 31 December
2014 compared to the six months ended 31 December 2013.

Rex Trueform is now in a position to advise shareholders that its:

1.    earnings per share have improved by 608%, from losses per share of 11.8 cents reported by Rex
      Trueform for the six months ended 31 December 2013 to earnings per share of 60.0 cents for the six
      months ended 31 December 2014 (which amount takes into account the profit earned by Rex Trueform in
      respect of the sale of one of its properties); and

2.    headline earnings per share have improved by 378%, from headline losses per share of 15.9 cents
      reported by Rex Trueform for the six months ended 31 December 2013 to headline earnings per share of
      44.2 cents for the six months ended 31 December 2014 (which amount does not take into account the
      profit earned by Rex Trueform in respect of the sale of one of its properties).

The information on which this trading statement has been based has not been reviewed or reported on by Rex
Trueform’s auditors. The interim results for the six months ended 31 December 2014 will be released on or
about 10 March 2015.

6 March 2015


Sponsor

Java Capital

Date: 06/03/2015 03:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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