Simeka Business Group has warned that it's earnings for the most recent trading period are expected to be well below last year's.

The company has issue a statement advising that, for the six months ended 30 November 2009, headline earnings and headline earnings per share will be between 40% and 50% lower.
Earnings and earnings per share will be between 55% and 65% lower than for the six-month period ended 30 November 2008.
Simeka will officially announce its interim results in February 2010.