African Phoenix Investments Limited provided earnings guidance for the year ending 30 September 2018. For the year, the earnings per share ("EPS") is expected to be 3.2 cents, reflecting a decrease of 75% compared to the EPS of 13.0 cents for the year ended 30 September 2017. the headline earnings per share ("HEPS") is expected to be 3.7 cents, reflecting a decrease of 72% compared to the HEPS of 13.0 cents for the year ended 30 September 2017.