Bonatla warns of earnings loss

Johannesburg - Bonatla Property [JSE:BNT] advised shareholders on Wednesday that the earnings per share for the period ended June 30 2014 are expected to move from an earnings position to a loss position and accordingly the loss per share from all operations for the period ended June 30 2014 is expected to be between (0.54) and (0.66) cents per share compared to 0.04c per share in the prior period.

Headline earnings are also expected to move from an earnings position to a loss position, and accordingly the headline earnings per share are expected to be between (0.54) and (0.66) cents per share compared to 0.26c in the prior comparative period.

The trading statement has not been reviewed or reported on by the company's external auditors.