Phumelela Gaming and Leisure Limited provided earnings guidance for the year ended July 31, 2019. For the year, the company a basic loss is expected of between ZAR 80 million and ZAR 100 million, compared with a basic profit of ZAR 155.1 million in the prior year; a basic loss per share is expected of between 80 cents and 100 cents, compared with a basic profit of 153.78 cents in the prior year; a headline loss is expected of between ZAR 90 million and ZAR 100 million, compared with a headline profit of ZAR 155.6 million in the prior year; and a headline loss per share is expected of between 90 cents and 100 cents, compared with a headline profit of 154.23 cents in the prior year, which equates to a decrease of between 158% and 165%.