Secure electronic transactions company Prism Holdings has informed its shareholders that it expects to report a 21.7% increase in headline earnings per share (HEPS) for the fiscal year to June.
This would indicate that the group is expecting to report HEPS of about 5.6c, compared with 4.6c for the year to June 2004.
However, earnings per share are expected to be 7.3% lower than the 4.1c of the 2004 fiscal year.
The group says this is the result of significant non-recurring capital receipts in the 2004 year.
The results are expected to be published next Tuesday.
For the first half of the 2005 financial year, Prism achieved HEPS of 1.7c. Turnover amounted to R139.9 million and attributable income came to R6.17 million.
CEO Alvin Els said in February that the group was planning to declare an annual dividend with the release of the full-year results.
The Prism share closed at 54c on the JSE yesterday, down 13c or 19.4% from the previous close.
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