Letshego Holdings Limited provided earnings guidance for the six months ended July 31, 2012. For the period, the company expects profit before tax to be in the range of 23% to 25% higher than the prior interim financial. Period profit after tax is expected to be in the range of 9% to 10% higher than the prior interim financial period.

The lower profit after tax % increase, compared to the profit before tax, is due to the tax credit impact of the once off scrip dividend. This led to the use of accumulated tax reserves that was approved by shareholders in the prior interim financial period, and resulted in a higher profit after tax base in that period.