Alexander Forbes Group Holdings Limited provided earnings guidance for the six months ended September 30, 2018. The company provided that the underlying business operating results reflected in the profit from operations before non-trading and capital items for the six months are expected to decrease by between 1% and 5% (to be between ZAR 433 million and ZAR 451 million) when compared to the ZAR 455 million reported at 30 September 2017. Headline earnings per share which excludes the impairment of the software assets are expected to be between 16.0 cents and 17.2 cents per share for the six months ended 30 September 2018, a decrease of approximately 21% to 26% from the 21.7 cents per share reported for the six months ended 30 September 2017 (previous comparable period). The earnings per share are expected to decrease to a loss of between 3.5 cents and 4.5 cents per share for the six months ended 30 September 2018, which is 116% to 121% lower than the 22.0 cents per share reported in the previous comparable period.