Sephaku Holdings Limited provided earnings guidance for the year ended March 31, 2018. For the year, the company’s earnings per share is expected to be between 20.18 and 22.87 cents per share (2017: 33.63 cents per share), being a decrease of between 40% and 32% from the earnings per share reported for 2017; and headline earnings per share is expected to be between 20.02 and 22.69 cents per share (2017: 33.37 cents per share), being a decrease of between 40% and 32% from the headline earnings per share reported for 2017. Accordingly, shareholders are advised that, for the twelve months ended 31 March 2018, the earnings of the company are expected to be between 32% and 40% lower than the ZAR 68 million reported for the twelve months ended 31 March 2017.