Mustek sees strong interim growth

Mustek, an assembler and distributor of personal computers and complementary ICT products, says it expects a big lift in interim earnings, when it publishes its financial results later in February.

Shares in the group climbed markedly on Tuesday (12 February), adding nearly 8% in mid-morning trade.

Mustek said it expects headline earnings per share to be between 15% and 25% higher to 66.79 cents and 72.60 cents for the six months ended December 2018.

Basic earnings per share is expected to be between 32% and 42% higher than the previous corresponding period at between 75.41 cents and 81.12 cents (31 December 2017: 57.13 cents), Mustek said.

Net asset value per share is expected to be between 1 430 cents and 1 440 cents, compared to 1 270,47 cents as at 31 December 2017, it said.

Mustek said it expects to publish its results on 22 February 2019.

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