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BRAINWORKS LIMITED - Trading statement for the year ended 31 December 2018

Release Date: 26/04/2019 10:50
Code(s): BWZ     PDF:  
Wrap Text
Trading statement for the year ended 31 December 2018

Brainworks Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: BWZ ISIN: MU0548S00000
(“the Company”)

Trading statement for the year ended 31 December 2018


In compliance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company
is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty
exists that the financial results for the next period to be reported on will differ by at least 20% from the
previous corresponding period.

Shareholders are hereby advised that, for the twelve months ended 31 December 2018, when
compared to the twelve months ended 31 December 2017 (“FY2017”):

•      earnings per share of the Company is expected to be 16.18 US cents being an increase of 30.86
       US cents from the loss of 14.68 US cents reported for FY2017; and

•      headline loss per share is expected to be 3.14 US cents, being an improvement of 11.08 US cents
       from the headline loss of 14.22 US cents reported for FY2017.

The financial information contained in this announcement has not been audited, reviewed or reported
upon by the Company’s external auditors.

Brainworks’ results for the year ended 31 December 2018 are expected to be released on or about
30 April 2019.


Ebène, Mauritius
26 April 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 26/04/2019 10:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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