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MAS
MAS
MAS - Masonite (Africa) Limited - Trading Update
Masonite (Africa) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1942/015502/06)
Share Code: MAS ISIN : ZAE000004289
("Masonite")
TRADING UPDATE
Shareholders are advised that Masonite`s profit from operations,
excluding the adjustment in fair value of biological assets, for
the six months ended 30 June 2010 is expected to be 60% to 70%
lower than that of the comparative period (being 30 June 2009).
Earnings per share and headline earnings per share are expected to
be 50% to 60% below that of the prior comparative period. This
decline was mainly attributable to the impact of the strong Rand on
sales and gross margins.
The information in this trading update has not been reviewed or
reported on by Masonite`s auditors.
The results are expected to be released towards the end of
September 2010.
Durban
27 August 2010
Sponsor
Nedbank Capital
Date: 27/08/2010 16:00:03 Produced by the JSE SENS Department.
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