Zaptronix is expecting to report an increase of between 290% and 310% in headline earnings per share for the six months to end-February, when compared with the six months to October 2004.
The group is comparing its latest interim results with those of October 2004 as the most recent results reported were for the 16 months to August 2005 - the consequence of a change in year-end.
It points out in a trading update that the 2004 figures did not incorporate the DuO acquisition and thus the main reason for the expected increase relates mainly to the acquisition.
The group reported headline earnings of 0.05c per share for the 2004 interim period. This implies the company is expecting headline earnings of between 0.19c and 0.21c for the latest period.
Earnings per share are expected to be between 240% and 260% higher than the October 2004 figures.
For the 16 months to August 2005, Zaptronix achieved revenue of R28.2 million, attributable earnings of 0.99c per share and headline earnings of 0.26c per share.
The Zaptronix share was trading unchanged at 16c this morning after gaining 1c yesterday.
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