{"id":33006,"date":"2013-03-06T10:16:19","date_gmt":"2013-03-06T08:16:19","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=33006"},"modified":"2013-03-06T10:18:31","modified_gmt":"2013-03-06T08:18:31","slug":"times-media-expects-flat-earnings","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/33006\/times-media-expects-flat-earnings\/","title":{"rendered":"Times Media expects flat earnings"},"content":{"rendered":"

Times Media Group has issued a trading statement expecting to announce flat headline earnings per share of 28 cents for the six months ended December 2012.<\/p>\n

The group reported the same figure for the same period in 2011.<\/p>\n

The group said that its results for the half year period include a R26 million loan impairment and net exceptional charges of R130 million – of which R85 million is added back in the determination of headline earnings.<\/p>\n

Times Media Group listed on the Johannesburg Stock Exchange in September last year following the delisting of Avusa.<\/p>\n

In mid-June, Time Media’s holding company, Mvelaphanda Group\u201a announced a cash and share offer to acquire all the shares in issue in Avusa that it did not already own, in a deal worth about R3-billion.<\/p>\n

In mid-morning trade on the JSE, Times Media (TMG) was trading at R14.00, a fraction of a percentage down from its Tuesday close of R14.01.<\/p>\n

More on Times Media
\n<\/strong><\/h3>\n

Times Media prepares for JSE debut<\/strong><\/a><\/p>\n

Avusa shareholders approve takeover<\/a><\/strong><\/p>\n

Avusa buyout not supported by PIC<\/a><\/strong><\/p>\n

Avusa reports profit decline<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Times Media Group has issued a trading statement expecting to announce flat headline earnings per share of 28 cents for the six months ended December 2012.<\/p>\n","protected":false},"author":10,"featured_media":21675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,3741,5111],"class_list":["post-33006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-times-media-group","tag-trading-statement"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/33006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=33006"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/33006\/revisions"}],"predecessor-version":[{"id":33011,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/33006\/revisions\/33011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21675"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=33006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=33006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=33006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}