Listed ICT services group Gijima says it expects headline earnings per share for the six months ended December 2012, to reduce to a loss of between 10.30 and 10.90 cents from HEPS of 3.11 cents in 2011.<\/p>\n
Gijima concluded the disposal of its mining technology and consulting businesses (MineRP) in November 2012.<\/p>\n
It said that the results of MineRP up to the date of its disposal, including the once-off impact of its disposal, are classified as discontinued operations in its pending results.<\/p>\n
Discontinued operations are expected to contribute a loss of between 0.85 cents and 1.15 cents to the expected HEPS, it said.<\/p>\n
Gijima’s reported basic earnings per share for the six month period in 2012 are expected to reduce to a loss of between 2.25 cents and 2.85 cents from reported basic EPS of 3.10 cents in 2011.<\/p>\n
Discontinued operations, as a consequence of the once-off impact of the disposal of MineRP, are expected to contribute a profit of between 8.40 and 8.70 cents to the EPS loss, Gijima said.<\/p>\n
In\u00a0final results ending June 2012, Gijima reported a decline in revenue\u00a0to R2.5 billion (R2.6 billion).<\/p>\n
Ebitda amounted to a loss of R517,000, from a prior loss of R211.8 million, and an operating loss of R49.1 million, from a loss of R258.2 million before.<\/p>\n
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