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Wescoal forecasts return to profit

June 13 2012 at 09:09am

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Coal

Independent Newspapers

Wescoal Holdings (WSL) advised on Wednesday that for the year ended March 2012 it expects to report headline earnings of between 10.0 and 11.5 cents per share compared to a loss of 26.17 cents per share for the comparative period.

It advised in a trading update that the directors expect the earnings per share to be between 11.5 and 13.0 cents per share compared with a loss of 29.11 for the previous period.

The company's results are expected to be released on 20 June 2012. - I-Net Bridge


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