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Financial services group Sasfin Holdings has advised shareholders to expect a significant drop in earnings when it releases its delayed annual results next week.
The group, which has banking and asset management operations, said in a brief statement headline earnings per share (Heps) are expected to be between 313c and 383c for the year to end June, a fall of about 15.7% to 31%.
Earnings per share will fall about 27% to 41%, from about 510c, with it saying prior results will be affected by "certain restatements," with further details to be provided when it releases its results on 31 October.
