Property fund Bonatla announced on Thursday that its headline earnings per share for the six months ended June 2010 are expected to improve between 150% and 160% when compared to the previous period, which reflected a headline loss per share of 0.70 cents.

Earnings per share are expected to improve between 120% and 130% when compared to the previous period, which reflected a loss per share of 0.70 cents

Net asset value per share in the previous period of 31.45 cents per share is expected to decrease by between 1% and 4%, representing a small reduction in the net asset value per share. This was due to further issue of shares.

Source: I-Net Bridge