Sun International Limited is in the process of finalising its unaudited interim results for the six months ended 31 December 2009, which are expected to be released on SENS on or about 26 February 2010.
Shareholders are advised that basic and headline earnings per share for the six months ended 31 December 2009 are expected to be between 20% and 30% lower than the 350 and 351 cents per share of the previous corresponding period, respectively.
Diluted adjusted headline earnings per share is expected to be between 35% and 45% lower than the 334 cents per share of the previous corresponding period. Excluding adjustments relating to foreign exchange rate movements, adjusted headline earnings per share is expected to be between 25% and 35% lower than the previous period.
Overall trading for the six months remained subdued. Although casino trading patterns in the second quarter ended 31 December 2009 were similar to the first quarter of the current financial year, hotel occupancies and average room rates achieved showed further deterioration.
The financial information on which the above trading statement has been provided has not been reviewed or reported on by the company’s auditors. |