Grindrod Limited provided earnings guidance for the year 2017. The group expected headline earnings from continuing operations, for the twelve months that ended 31 December 2017 to be between ZAR 566 million and ZAR 576 million, which is an improvement of between 171% and 176%, compared to the prior year comparative period headline earnings of ZAR 209 million. Earnings from continuing operations for the period are expected to be between ZAR 641 million and ZAR 651 million, which is an improvement of between 345% and 352% compared to the prior year comparative period earnings of ZAR 144 million. their respective results as discontinued operations. Discontinued operations are expected to produce a loss of between ZAR 1,234 million and ZAR 1,224 million after adjustment for fair value. As a consequence, and ahead of the unbundling, specific ships and goodwill of ZAR 620 million have been impaired. Note however that the realisation of the substantial foreign currency translation gain, arising from the Shipping dollar based, net assets will occur on listing in 2018 and could not be offset against the impairment. Loss per share for the year ended 31 December 2017 of between 76.3 cents and 78.9 cents, being a decrease of between 70% and 69% respectively compared to prior year loss per share of 254.2 cents per share. Headline loss per share for the period is expected to be between 46.1 cents and 48.7 cents, being a decrease of between 25% and 20% respectively compared to prior year headline loss per share of 61.2 cents per share. The loss for the twelve months that ended 31 December 2017 is expected to be between ZAR 573 million and ZAR 593 million, which is an improvement of between 70% and 69%, compared to the prior year comparative period loss of ZAR 1,908 million. Headline loss for the period is expected to be between ZAR 346 million and ZAR 366 million, which is a decrease of between 25% and 20% compared to the prior year comparative period loss of ZAR 460 million.