BRIEF-Hulisani Ltd Sees Headline Loss Per Share Between 15.4 Cents And 17.6 Cents In HY

  • Reuters
  • Stock Market News
BRIEF-Hulisani Ltd Sees Headline Loss Per Share Between 15.4 Cents And 17.6 Cents In HY
Credit: © Reuters.

Nov 25 (Reuters) - Hulisani Ltd HULJ.J :

* JSE: HUL - UPDATED TRADING STATEMENT AND RESTATEMENT OF PRIOR YEAR INTERIM RESULTS

* HULISANI LTD - HY HEADLINE LOSS PER SHARE WILL BE BETWEEN 15.4 CENTS AND 17.6 CENTS

* HULISANI LTD - HY LOSS PER SHARE WILL BE BETWEEN 16.1 CENTS AND 18.4 CENTS

* HULISANI - IDENTIFIED THAT EXISTING WRITTEN PUT OPTION WAS NOT CONSIDERED WHEN ACCOUNTING FOR INVESTMENT IN GRI WIND STEEL SOUTH AFRICA

* HULISANI - INITIAL ACCOUNTING TREATMENT OF GRI AS 'AN EQUITY INVESTMENT IN ASSOCIATE' WAS NOT CORRECT

* HULISANI - LOSS PER SHARE AND HEADLINE LOSS PER SHARE FOR SIX MONTH PERIOD ENDED 31 AUGUST 2018 HAVE BEEN RESTATED

* HULISANI - LPS AND HLPS FOR SIX MONTH PERIOD ENDED 31 AUGUST 2018 RESTATED TO 23 CENTS & 22 CENTS RESPECTIVELY

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