Total Client Services (TCS) faces having its shares suspended by the JSE if it doesn't file its results by the end of the month.
However, the company says it expects to have its figures for the year to February out next Wednesday - the last day it has to do so.
In a trading update, TCS told the market its loss per share will be between 3.26c and 3.29c, while its headline loss per share should be between 1.26c and 1.5c.
Last year, it made a per share loss of 0.15c and a headline earnings per share gain of 1.2c.
TCS did not provide reasons as to why its results are late. However, the JSE has cautioned the market that the company did not publish results by the end of May, as it is required to do.
According to JSE rules, companies have three months in which to publish figures. If they miss this deadline, the bourse marks their share with a code indicating they face suspension if they do not publish within a month of missing the deadline.
TCS's share closed at 3c on Friday, the day it updated shareholders as to its earning expectations. This is a 52-week low. Its 52-week high was 10c on 21 August last year.
The company provides integrated traffic law enforcement solutions to 116 municipalities in SA. Its products and services have been developed to comply with the new Administrative Adjudication of Road Traffic Offences Act, which will replace the current traffic law enforcement legislation in SA.
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