Poynting designs, manufactures and supplies antennas and telecommunication products to the cellular, wireless data and defence markets in SA and internationally.
It says in a trading statement that earnings per share are expected to increase between 147.3% and 167.3% and headline earnings per share should gain between 121.1% and 141.1% for the year to June, ITWeb reports.
Poynting says the earnings per share should come in between 7.3c and 7.89c, while headline earnings per share will be in a range of between 7.25c and 7.91c.
Last year, Poynting reported revenue of R81.5 million, a 7% year-on-year gain. It saw a 54% increase in profit before taxation, from R3.8 million to R5.8 million, excluding the loss in discontinued operations.
Basic earnings per ordinary share were 2.95c, while headline earnings per ordinary share came in at 3.28c.
Poynting's year-end financial results are expected to be released on 28 September.
Air traffic networks across SA modernised
24 May 2013 - Thales and Air Traffic Navigation Services (ATNS) Company of South Africa longstanding partners in air traffic management (ATM) systems are immensely proud to announce the recent signature of several significant ...
defenceWeb shines at Air Capability Demonstration
21 May 2013 - defenceWeb, Africas leading defence and security news portal, was invited by the South African Air Force to attend its annual Air Capability Demonstration a spectacular live-fire showcase of the ...
Airbus Military, EADS North America deliver HC 144A Maintenance Training Unit to US Coast Guard
16 May 2013 - The US Coast Guard Aviation Logistics Center has purchased the prototype CN235 aircraft and plans to transform it into an HC-144A maintenance training unit. The HC-144A is based ...