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Sephaku expects higher financial year earnings

07 June 2016

According to Engineering News, JSE-listed building and construction materials company Sephaku Holdings on Monday said it expected a 20% to 30% increase in earnings for the year ended March 31. The group, which plans to publish its year-end results on June 29, expects earnings a share to be between 29.32c and 31.76c, compared with the 24.43c apiece posted in the prior year. Headline earnings a share were expected to come in some 20% to 30% higher, at between 29.32c and 31.76c, than the 24.43c achieved in 2015. 

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