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JD Group expects earnings u-turn

Johannesburg– Retailer JD Group [JSE:JDG] said on Thursday that its headline earnings and earnings per share for the six months ended February 28 2010 are expected to be between 135 and 145 cents per share, from a previous loss of 17.4 cents and 19 cents per share respectively.

The results of the previous corresponding period included the effect of a tax settlement of R338m, it said.

JD Group said it expects to publish its results on about Monday, May 17.

-  I-Net Bridge

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