Publications
Partners
Johannesburg - Hotel chain City Lodge Hotels [JSE:CLH] said on Monday that it anticipated diluted/undiluted headline and basic earnings per share for the six months ended December 31 2010 to be between 25% and 30% lower than the previous year.
The group reported diluted headline earnings per share of 206.1 cents in 2009.
These results would include the costs and effects of its black economic empowerment (BEE) deal.
"Normalised headline earnings per share, which exclude the costs and effects of the BEE deal, are, however, anticipated to be between 15% and 20% lower than the previous year," the group said.
City Lodge expects to publish its results on or about February 16.
The group reported diluted headline earnings per share of 206.1 cents in 2009.
These results would include the costs and effects of its black economic empowerment (BEE) deal.
"Normalised headline earnings per share, which exclude the costs and effects of the BEE deal, are, however, anticipated to be between 15% and 20% lower than the previous year," the group said.
City Lodge expects to publish its results on or about February 16.
