Spanjaard Limited provided that for the six months ended 31 August 2019, headline loss per share is expected to be between 1.05 and 1.98 cents per share, reflecting a decrease in excess of 100% as compared to the headline earnings per share of 15.50 cents reported for the six months ended 31 August 2018, and loss per share is expected to be between 1005 and 1.97 cents per share, reflecting a decrease in excess of 100% as compared to the earnings per share of 15.40 cents reported for the six months ended 31 August 2018.