Hulisani Limited Announces Earnings Guidance for the Six Months Ended 31 August 2017
November 27, 2017 at 10:30 pm IST
Hulisani Limited announced earnings guidance for the six months ended 31 August 2017. The company announced that the basic loss per share and headline loss per share for the six months ended 31 August 2017 is expected to be 11 cents per share, compared to the basic earnings per share and headline earnings per share of 5 cents per share for the prior year corresponding six months ended 31 August 2016, being a decrease of 240%. The loss is mainly attributable to acquisition costs associated with the investments made, while dividend income from the investments is expected to accrue in the latter part of the year and beyond.