Jasco H1 HEPS seen 80% – 100% higher

 ·20 Jan 2012

Listed technology group Jasco Electronics (JSC) advised on Friday that it expects headline earnings per share (HEPS) for the six months ended December 2011, to be between 80% and 100% higher than previously.

The group expects HEPS of between 6.3 cents and 7.0 cents per share.

Jasco says it expects earnings per share (EPS) to be between 115% and 135% higher than the corresponding period, at between 6.0 cents and 6.5 cents.

The company reported revenue of R317.9 million for the six months ended December 2010, and a pre-tax profit of R15.9 million.

The firm expects to announce its results on about February 6.

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