BRIEF-Petmin headline earnings for 6 months ended Dec. 31 to rise by about 70%

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BRIEF-Petmin headline earnings for 6 months ended Dec. 31 to rise by about 70%

March 3 (Reuters) - Petmin Ltd PETJ.J
* Headline earnings for six months ended 31 Dec are expected
to increase by approximately 70% to approximately 14 cents per
share
* Loss for 6 months ended 31 Dec is result of decision
taken to fully impair investment in veremo project of R115
million
* EPS for six months ended 31 December 2015 is expected to
be a loss of approximately 7 cents per share compared to EPS of
8.40 cents year ago
* Petmin is continuing with arbitration to recover monies
due on veremo project

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Further company coverage: PETJ.J

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