African Equity Empowerment Investments Limited provided earnings guidance for the year ended 31 August 2018. The company expected basic earnings per share for the year ended 31 August 2018 will be between 1,006.30 cents and 1,025.72 cents per share, compared to 97.10 cents in the prior year. The expected increase in EPS is mainly as a result of a once-off gain from a deemed disposal of a subsidiary. The company also expects that the Group's headline earnings per share for the year ended 31 August 2018 will be between 14.75 cents and 33.73 cents per share, compared to 94.89 cents per in the prior corresponding period, representing a decrease of between 64% and 84%. The expected decrease in HEPS is mainly as a result of an once-off fair value adjustments included in the prior year. The Company further expects that the Group's normalised headline earnings per share for the year ended 31 August 2018, will be between 27.85 cents and 29.93 cents per share, compared to the 10.38 cents in the prior corresponding period.