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

HUGE GROUP LIMITED - Trading Statement

Release Date: 20/11/2017 16:35
Code(s): HUG     PDF:  
Wrap Text
Trading Statement

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


TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies
are 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 2017.

Shareholders are accordingly advised that a reasonable degree of
certainty exists that the Company’s results will reflect an increase in
earnings per share (“EPS”) of between 60% to 80% and an increase in
headline earnings per share (“HEPS”) of between 80% to 100%, when
compared to the EPS and HEPS of 10.05 cents per share for the prior
comparative period, resulting in an EPS of between 16.08 and 18.09
cents per share and a HEPS of between 18.08 and 20.09 cents per share.

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

Johannesburg
20 November 2017


Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 20/11/2017 04:35:00 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