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The JSE group, which is currently finalising its results for the 12 months ended December 31, expects basic earnings per share (EPS) for the period to be between 63% and 73% higher than the previous year’s 351.8c, while headline earnings per share (HEPS) are expected to be between 31% and 41% higher than the prior year’s 473.2c.
The group said in a trading statement on Tuesday that the EPS and HEPS had been impacted by increased group operating revenues, tightly controlled operating costs and a R48-million impairment charge.
The impairment related to the remaining carrying value of the surveillance component of the Systems Replacement Programme – used for its back office and not trading purposes – and rebates of R84-million given to equity members of R84-million.
The group expected to release its results on March 11.