Interconnective Solutions (Isolution) has sustained the turnaround achieved in its 2005 financial year, according to a trading update issued late on Friday.
The electronics and telephony services group says headline earnings per share (HEPS) for the six months to December 2005 are expected to be between 15% and 25% higher than those of the prior-year period.
The increase comes off a low base, with Isolution having recorded headline earnings of 0.62c a share for the six months to December 2004.
This means that the group is expecting to report HEPS of between 0.71c and 0.86c.
Isolution returned to the black in the year to June 2005, reporting attributable profit of R1.04 million, compared with a loss of R1.35 million the previous year. A R0.57 million profit in the 2003 financial year followed two consecutive years of losses.
The latest interim results are expected to be published before the end of the month.
The Isolution share closed at 30c on the JSE on Friday, up 4c or 15.4% from the previous close.
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