Poynting expecting rise in H1 HEPS
Poynting Holdings (POY), a designer and manufacturer of antennas, advised Friday (3 February 2012) that it expects earnings per share and headline earnings per share of 1.42 cents for the six months ended December 2011, compared to the previous corresponding period’s loss per share and headline loss per share of 3.15 cents and 1.85 cents respectively.
“The range, within 20%, by which the earnings per share and headline earnings per share will increase cannot be determined with a reasonable degree of certainty at this stage,” it said.
Poynting Antennas divides its activities into two divisions: The Commercial Antenna Division, which manufactures low cost antennas for wireless and cellular end-user antenna applications, and the Defence and Specialised Antenna Division, which focuses on Electronic Warfare antennas mainly for direct or indirect export to international defence customers.
Poynting expects to publish its results on about February 29.
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