ISA Holdings' earnings for the six months to August are expected to show a huge improvement when it issues its results later this month, says the company.
The specialised information security solutions provider says headline earnings per share and earnings per share for the first half of the year should be between 42% and 52% higher than last year.
Last year, earnings per share improved slightly, to 2.5c from 2.4c, and headline earnings per share also improved marginally, to 2.5c from 2.3c.
The news, which was issued yesterday afternoon on the Stock Exchange News Service, sent the company's shares up. In early morning trade, the share was up 7.69%, to 42c (a new 52-week high) after opening at 39c.
Companies are obliged by JSE rules to inform shareholders as soon as they are aware earnings will differ by 20% or more from the previous corresponding period.
No reasons for the improvement were given, but ISA should report its results on 18 September.
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