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CORRECTED-Mvela Group sees FY loss per share of 305-365 cents

Wed Aug 20, 2008 6:06am EDT
 
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(Corrects to show loss will be 305-365 cents, not 305-365 cents lower, and to delete inappropriate percentage move figure in headline and first paragraph, since the company swung from a profit to a loss)

JOHANNESBURG, Aug 19 (Reuters) - South Africa's Mvelaphanda Group (MVGJ.J: Quote, Profile, Research, Stock Buzz) expects its full-year headline loss per share to be 305-365 cents after a profit of 304.8 cents a year ago, it said on Tuesday.

It said its intrinsic net asset value per share was expected to be down 35-40 percent at end-June.

Black-owned Mvelaphanda Group will release its results on Aug. 28. (Reporting by Serena Chaudhry)

 

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