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Johannesburg - Information and communication technologies company Pinnacle Technology Holdings [JSE:PNC] said on Monday that headline earnings per share (HEPS) for the six months ended December 2010 were projected to be between 46.4 and 49.5 cents per share, from 34.3 cents per share previously.
It said that earnings per share were anticipated to be between 46.5 and 49.5 cents per share, or between 57% and 67% higher than 29.6 cents per share in 2009.
Pinnacle Technology said its turnover increased by 43% to R2.1bn, from R1.5bn previously.
Net tangible asset value per share was expected to be between 281 cents per share and 291 cents per share, from 220.6 cents per share in the comparative period.
The acid test ratio was expected to be 0.99, from 1.09 in 2009, while long-term debt as a percentage of equity was expected to be at 13.32% from 5.24% before.
Pinnacle Technology expects to publish its results on March 18.
It said that earnings per share were anticipated to be between 46.5 and 49.5 cents per share, or between 57% and 67% higher than 29.6 cents per share in 2009.
Pinnacle Technology said its turnover increased by 43% to R2.1bn, from R1.5bn previously.
Net tangible asset value per share was expected to be between 281 cents per share and 291 cents per share, from 220.6 cents per share in the comparative period.
The acid test ratio was expected to be 0.99, from 1.09 in 2009, while long-term debt as a percentage of equity was expected to be at 13.32% from 5.24% before.
Pinnacle Technology expects to publish its results on March 18.
