By Iain Scott, ITWeb group consulting editor
Johannesburg, 05 Apr 2006
JSE-listed Paracon Holdings is expecting to report a 40% to 50% increase in earnings and headline earnings per share for the six months to end-March.
The results are scheduled for release in early May.
Paracon operates in the IT resourcing and business solutions spaces.
The group says buoyant trading conditions helped it achieve growth in all its divisions.
"Demand for services has increased across the client base, resulting in an improvement in all key financial indicators," it says in a trading statement.
For the six months to March 2005, Paracon achieved headline earnings of 3.8c a share, up 41% from 2.7c.
Basic earnings per share rose by 146% from 1.5c to 3.8c.
Related story:
Paracon grows profits
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