Drilling contractor Master Drilling expects its headline earnings per share (HEPS) for the six months ended June 30 to be between 49.5c and 57.2c a share, which will be between 25.5% and 35.5% lower year-on-year.
Earnings per share (EPS) for the six months are expected to be between 46.2c and 53.8c, which will be between 29.8% and 39.8% lower than the EPS of 76.7c a share reported for the prior comparable six months.
In dollar terms, HEPS are expected to be between $0.029 and $0.035, a year-on-year decrease of between 35.7% and 45.7%.
EPS are expected to be between $0.027 and $0.033 - a decrease of between 39.4% and 49.4% year-on-year.
Master Drilling’s interim results will be released by August 25.