Compu-Clearing H1 HEPS seen 34% – 38% higher

 ·24 Feb 2012

Compu-Clearing Outsourcing (CCL) says it expects earnings per share and headline earnings per share are to increase by34% to 38% for the six months ended December 2011, from 9 cents for 2010.

The group provides IT (Information Technology) products and services to the Customs Clearing, Freight Forwarding, air cargo and related industries.

For the six months ended December 2010, Compu-Clearing reported an operating profit of R5.7 million, from revenue of R26.77 million.

And for the year ended June 2011, it recorded revenue of R55.5 million and an operating profit before net finance income of R10.38 million.

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