BRIEF-South Ocean estimates FY HEPS to be between 35 pct and 45 pct lower

JOHANNESBURG Thu Feb 27, 2014 1:19am EST

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JOHANNESBURG Feb 27 (Reuters) - South Ocean Holdings Ltd : * Headline earnings per share for the 12 months ended 31 December 2013 are expected to be between 35 pct to 45 pct lower * Decrease in earnings relates to an impairment charge of R148 million for goodwill that arose on the acquisition of the radiant group