Shares in Mustek gained 3.64% yesterday - beating the JSE's all share index - after it said interim earnings would be higher.
The group's stock closed at R5.70, while the overall bourse only gained 0.6%. Mustek said, in an obligatory notice to shareholders, that its basic and headline earnings per share would be between 25% and 40% higher in the six months to December.
Listed companies are obliged to alert shareholders if their earnings will differ by 20% or more when compared to the previous comparative period.
For the six months to December 2012, the group reported headline earnings per share of 31.75c. In that period, revenue from continuing operations gained 10%, to R1.8 billion, mostly supported by the addition of the Acer and Lenovo product ranges.
The group has to report its interim results by the end of March in accordance with JSE rules, but has yet to announce a date.
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