BELL EQUIPMENT LIMITED - Trading Statement

Trading Statement

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
ISIN: ZAE000028304
Share Code: BEL
(“the Company”)

TRADING STATEMENT

Shareholders are advised that the Company expects to report
earnings per share and headline earnings per share of at least 300
cents, an increase of 367 cents per share and of 331 cents per
share respectively, for the year ending 31 December 2021 when
compared to the loss per share and headline loss per share of 67
cents and 31 cents respectively for the year ended 31 December
2020. A further trading statement for the year ending 31 December
2021 will be released on SENS once the Company has greater
certainty regarding the extent of the expected increase in its
results for the year ending 31 December 2021.

The expected increase in earnings is mainly due to stronger market
conditions which has had a positive impact on production and sales
performance.

The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
auditors.

The results for the year ending 31 December 2021 are expected to
be announced on SENS on or about 28 March 2022.

Richards Bay
12 November 2021
Sponsor: INVESTEC BANK LIMITED






Date: 12-11-2021 01:46:00
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