Finbond Group Limited provided earnings guidance for the six months ended August 31, 2013. For the period, the company expected to increase basic earnings to between 2.2 cents and 2.4 cents per share as opposed to 1.9 cents per share for the six months ended August 31, 2012, on a fully diluted basis, representing a percentage improvement of between 15.8% and 26.3%. The company expects to report headline earnings of between 2.2 cents and 2.4 cents per share as opposed to 2.0 cents per share for the six months ended August 31, 2012, on a fully diluted basis, which would represent a percentage improvement of between 10% and 20%.

This improvement occurred notwithstanding a 24.8% increase in the weighted average number of shares in issue of the company, from 478,200,113 to 596,905,870. The company expects to report net profit attributable to ordinary shareholders of between ZAR 12,906,573 and ZAR 14,761,097 as opposed to ZAR 9,272,622 for the six months ended August 31, 2012, which would represent a percentage improvement of between 39.2% and 59.2%.