Loading...
See More

Brikor readies for losses

May 26 2010 14:50

Related Articles

Brikor profits wiped out

 
Johannesburg – Brick manufacturer Brikor [JSE:BIK] on Wednesday advised that is expects a headline loss per share of between 7.8 cents and 9.2 cents for the year ended February 28 2010, from a headline loss of 3.9 cents previously.

The group also expects to report a basic loss per share of between 18.8 cents and 22 cents for the period, from a loss of 4.5 cents earlier.

"The company has continued to experience weaker trading conditions due to the global recession as well as a further slow-down in the residential building market.

"The directors have, however, implemented corrective measures and expect better trading conditions for the forthcoming year," Brikor said.  

The group expects to release its results by May 31.

- I-Net Bridge

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Government’s decision to withhold payment to municipalities in debt to Eskom is:

Previous results · Suggest a vote

Loading...