BRIEF-Sebata Holdings Says Trading Conditions Not Expected To Ease In Short Term

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BRIEF-Sebata Holdings Says Trading Conditions Not Expected To Ease In Short Term

Dec 23 (Reuters) - Sebata Holdings Ltd SEBJ.J :

* JSE: SEB - INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019

* SEBATA HOLDINGS LTD - HY REVENUE R261.2 MILLION VERSUS R276.7 MILLION

* SEBATA HOLDINGS LTD - HY HEADLINE LOSS PER SHARE 48.87 CENTS PER SHARE

* SEBATA HOLDINGS LTD - HY LOSS PER SHARE 107.28 CENTS PER SHARE

* SEBATA HOLDINGS - TRADING CONDITIONS NOT EXPECTED TO EASE IN SHORT TERM, BOARD EXPECTS RESULTS TO REFLECT CONDITIONS OVER NEXT SIX TRADING MONTHS

* SEBATA HOLDINGS LTD - STILL BELIEVES THAT SEBATA IS BEST POSITIONED WHEN COMPARED TO OUR COMPETITION IN THE LOCAL GOVERNMENT SECTOR

* SEBATA HOLDINGS LTD - THE DISPUTE WITH THE PURCHASERS ON THE EARN OUT RELATING TO THE DISPOSAL OF THE NOSA GROUP OF COMPANIES IS ONGOING

* SEBATA HOLDINGS - ON FINALISATION OF NOSA MATTER BOARD STILL EXPECTS TO DECLARE BALANCE OF THE PROCEEDS FROM DISPOSAL AS DIVIDEND TO SHAREHOLDERS

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