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Johannesburg - Life Healthcare Group Holdings [JSE:LHC] said on Friday that the group's results for the year ending 30 September 2011 are expected to show an improvement of more than 20% from those reported for the year ended 30 September 2010.
"This arises due to, inter alia, costs associated with the listing of the company in the 2010 financial year, the most significant of which was the Secondary Tax on Companies charge," the group said in a trading update.
"Life Healthcare cannot at this stage with reasonable certainty, quantify the extent of its results for the year ending 30 September 2011. A trading statement for the year ending 30 September 2011 will be issued later in the reporting period, which should be before the end of October 2011," it concluded.
"This arises due to, inter alia, costs associated with the listing of the company in the 2010 financial year, the most significant of which was the Secondary Tax on Companies charge," the group said in a trading update.
"Life Healthcare cannot at this stage with reasonable certainty, quantify the extent of its results for the year ending 30 September 2011. A trading statement for the year ending 30 September 2011 will be issued later in the reporting period, which should be before the end of October 2011," it concluded.
