Liberty Holdings Limited provided earnings outlook for the full year ended December 31, 2016. The company reported that basic earnings per ordinary share and headline earnings per ordinary share are expected to be 40% to 60% (basic earnings per ordinary share to be between 597.4 cents and 896.1 cents and headline earnings per ordinary share to be between 611.3 cents and 916.9 cents per ordinary share) lower than the year ended December 31, 2015. The company further reported that normalized headline earnings per share are expected to be 35% to 55% (between 659.0 cents and 951.9 cents per ordinary share) lower than the comparative period BEE normalized headline earnings per ordinary share.