(Incorporated in the Republic of South Africa)
(Registration number 2005/022939/06)
Share code: JSE
("JSE" or “Group” or “the Company”)
The JSE is currently finalising its financial results for the six
months ended 30 June 2018 (“period”) which results are expected to be
released on the Stock Exchange News Service on 2 August 2018.
Stakeholders are advised that basic earnings per share (“EPS”) of the
Group for the period are expected to be between 30% (638.2 cents per
share) and 40% (687.3 cents per share) higher than that reported for
the previous corresponding six-month period in 2017 (490.9 cents per
The Group’s headline earnings per share (“HEPS”) are expected to be
between 30% (635.6 cents per share) and 40% (684.5 cents per share)
higher than that reported for the previous corresponding six-month
period in 2017 (488.9 cents per share).
The expected increase in EPS and HEPS is principally attributable to
cost control across the Group, a once-off taxation credit of
R31 million as well as growth in revenue.
The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
17 July 2018
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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