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Mvela sees solid half-year

Mar 01 2010 14:57

Mvela pays up for airport heist

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Greek euro worries pressures rand

May 25 2012 19:13

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May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

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Johannesburg - Mvelaphanda Group [JSE:MCG] said on Monday its headline earnings per share for the six months ended December 31 2009 are expected to increase to between 115c and 130c, compared to 1.3c for the comparable period in 2008.

Earnings per share are expected to increase to between 110 and 125c, compared to 1.9c for the comparable period in 2008.

Intrinsic net asset value per share at December 31 2009 is expected to increase to be between 914c and 950c compared to 736c at December 31 2008.

The company's interim results are expected to be released on Sens on or about Thursday March 4 2010.

- I-Net Bridge

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