Seed Co International Limited

Seed Co International (Botswana) – Trading Update

By Published On: June 6th, 2024Categories: Corporate announcement, Earnings, Trading update

The Equity Listings Requirements of the Botswana Stock Exchange (“BSE”) compels issuers to announce through the BSE and the press if the variation between its expected Earnings Per Share (“EPS”), and the previous corresponding period exceeds 10%.

The Board hereby announces that the Group’s final EPS for the year ended 31 March 2024 is expected to be approximately 50% to 70% (between 1.10 and 1.24 US cents) higher than the EPS of 0.73 US Cents for the prior year ended 31 March 2023.

The expected increase in EPS is attributed primarily to business growth.

Investors are therefore advised to exercise caution when engaging in any transactions involving the securities of Seed Co International Limited.

The financial information on which this Trading Update is based has not been reviewed or reported on by Seed Co International Limited’s Independent Auditors.

By Order of the Board,

E. M. Kalaote
Secretary
7 June 2024

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.