Tsogo Sun Hotels Limited Provides Earnings Guidance for the Year Ended March 31, 2021
Tsogo Sun Hotels Limited provided earnings guidance for the year ended 31 March 2021. Revenue is expected to be between 72% and 76% lower (ZAR 3,222 million and ZAR 3,401 million lower), compared to the prior comparative period of ZAR 4,475 million. Earnings per share ("EPS") is expected to be a loss of between 8% and 20% lower (between 67.6 cents and 77.7 cents) compared to the EPS loss of the prior comparative period of 84.5 cents.