Labat Africa Limited provided earnings guidance for the six months ended August 31, 2014. For the period, the company expects earnings per share will be 1.35 cents from continuing operations and 0.98 cents from discontinued operations, giving a total of 2.33 cents per share compared to a loss of
0.75 cents per share for the prior comparative six month period ended August 31, 2014. This represents an improvement of 280% on the prior period earnings per share for continuing operations and a 410% improvement in total earnings per share. Similarly headline earnings per share for the six months ended August 31, 2014 will be 1.38 cents per share compared to a loss of 0.75 cents per share for the prior comparative six month period ended August 31, 2014. This represents an improvement of 284% on the prior period headline earnings per share.