Markets & Investment News South Africa

Astrapak's earnings up 389% this year

Packaging group Astrapak issued a revised trading statement on Monday‚ (6 May) advising that earnings per share are expected to be between 389% and 409% higher than that reported in the comparative period last year.
Astrapak's earnings up 389% this year

This will result in an anticipated earnings per share of between 96.3c and 103c, compared with a 33.3c loss last year.

Earning per share from continuing operations are expected to be between 7‚447% and 7‚467% higher than those last year‚ which will result in anticipated earnings of between 113.2 cents and 113.5c.

The range for headline earnings and net asset value per share‚ remain unchanged the company said.

The full audited results for Astrapak's financial year will be published later this week.

Source: I-Net Bridge

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