PPC Ltd. provided earnings guidance for the year ended March 31, 2020. Further to the announcement on the 23 June 2020, indicating that financial results for the period ended 31 March 2020 will differ by more than 20% from those of the previous corresponding period 31 March 2019, the Company would like to update its Shareholders as outlined below. Group revenue for the year ended 31 March 2020 is expected to decrease by less than 5% compared to the prior year (March 2019: ZAR 10.409 billion). Basic earnings per share is expected to reflect a loss per share of between 110 and 130 cents per share (reflecting a difference of more than 100%), compared with the restated 9 cents per share achieved for the prior comparable period ended 31 March 2019. Headline earnings per share is expected to be between 25 cents and 30 cents per share (reflecting a difference of between 8.7% and 30.4%) compared with the restated 23 cents per share achieved for the prior comparable period ended 31 March 2019.