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Dorbyl warns of 20% plus loss

Oct 05 2012 10:04 I-Net Bridge

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Johannesburg – Dorbyl advised late on Thursday that it is expecting to report a basic loss and headline loss per share attributable to ordinary shareholders for the six months ended September 30 2012.

“The losses are expected to be in excess of 20% compared to basic loss per share and headline earnings per share reported during the corresponding previous period.

“Although the company has a reasonable degree of certainty that these losses‚ compared to the results of the previous corresponding period‚ will differ by at least 20%‚ it is currently unable to quantify the expected financial results for the period to be reported on.

“An updated trading statement will be released once the company is able to quantify‚ with reasonable certainty‚ the expected range of the financial results‚” the group said in a trading update.

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