DigiCore's next set of interim results will show an improvement over the previous period, says the JSE-listed fleet management technology company.
The firm yesterday told shareholders its earnings per share for the six months to end-December will be between 32% and 42% higher. Headline earnings per share are expected to between 31% and 41% higher.
In terms of the JSE's listing requirements, companies have to tell shareholders as soon as they are aware that their earnings will differ by at least 20% from the previous corresponding period.
"This increase is due to a general upturn in all our business activities, being an increase in the number of units exported and the supply of local fleet management and stolen vehicle recovery solutions to our local customer base over the last six months," it says.
DigiCore, which expects to release its results before the end of the month, saw its share close higher yesterday at R5.25. Friday's close was R4.80, while its 12-month high is R5.30 and its 12-month low is R2.44.
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