Trematon’s headline earnings take a dip

JOHANNESBURG – JSE-listed investment holding company Trematon Capital declined by 5.3percent to R2.85 a share on Friday, after it said that headline earnings a share would decrease by approximately 150percent in the half-year to February.

In a disappointing trading update for the six months to end February released on Friday, the group also said that its earnings per share would plummet by about 85percent as the disposal of its Mykonos Casino weighed heavily on the balance sheet.

The share price declined to R2.85 a unit, down from Thursday’s closing price of R3.02.

However, it recovered to closed at R3 a share …read more