Trans Hex Group Limited reported unaudited consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported sales revenue was ZAR 136,209,000 against ZAR 40,130,000 a year ago. Loss before income tax was ZAR 28,573,000 against ZAR 2,301,000 a year ago. Loss for the period from continuing operations was ZAR 26,831,000 against ZAR 2,302,000 a year ago. Profit for the period was ZAR 51,950,000 or 37.6 cents per basic and diluted share against loss of ZAR 199,164,000 or 188.4 cents per basic and diluted share a year ago. Loss per share ­ basic and diluted, continuing operations was 30.8 cents compared to 2.2 cents for the same period a year ago.

Production for the 2019 financial year is expected to be in the order of 140,000 carats, compared to 2018 financial year actual production of 173,920 carats related to West Coast Resources operations. Production from the Shallow water operations for the 2019 financial year is expected to be in the order of 10,000 carats, compared to 2018 financial year actual production of 9,012 carats. Production results and geological work through drilling and bulk sampling indicate that carat production for the 2019 financial year is expected to be in the order of 133,000 carats, compared to 2018 financial year actual production of 136,402 carats.