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Verimark Holdings Ltd Issues FY 2013 Earnings Guidance


Thursday, 14 Mar 2013 07:45am EDT 

Verimark Holdings Ltd announced that for fiscal 2013, it expects the group to record earnings of between ZAR5.5 million and ZAR7.0 million compared to earnings of ZAR26.8 million reported on in the previous corresponding period. Headline earnings per share and earnings per share is expected to be in the range of ZAR0.053 and ZAR0.068 per share compared to the headline earnings per share and earnings per share of ZAR0.258 per share and ZAR0.258 cents per share respectively, as reported on in the previous corresponding period. The lower profit is attributable, mainly due to the impact of the earnings loss of ZAR5.3 million (5.1 cps) incurred for the six months ended August 31, 2012, as reported upon per the interim results announced on November 12, 2012. 

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