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ADVANCED HEALTH LIMITED - Trading Statement

Release Date: 27/08/2018 16:30
Code(s): AVL     PDF:  
Wrap Text
Trading Statement

ADVANCED HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/059246/06)
(“the Company” or “Advanced Health”)
ISIN Code: ZAE000189049            JSE Code: AVL


TRADING STATEMENT




In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock Exchange, listed
companies are required to publish a trading statement as soon as they become reasonably certain that the
financial results for the next period to be reported on will differ by more than 20% from those of the previous
corresponding period.

Shareholders are advised that Advanced Health (“the Company”) expects to report a net loss after taxation,
as per the reviewed financial results for the year ended 30 June 2018, of R36.25 million compared to a loss
of R48.18 million for the comparative period ended 30 June 2017 (this equates to a 25% decrease in the net
loss after tax).

The Company expects a loss per share and a headline loss per share of 14.12 cents for the year ended
30 June 2018 compared to loss per share and headline loss per share of 21.74 cents for the year ended
30 June 2017 (this equates to a 35% decrease in both the loss per share and headline loss per share).

The information in this trading statement has not been reviewed and reported on by the Company’s auditors.

The Company’s final results for the year ended 30 June 2018 are anticipated to be released on
30 August 2018.

Johannesburg
27 August 2018


Designated Advisor
Grindrod Bank Limited

Date: 27/08/2018 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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