CMO
CMO
CMO - Chrometco - Trading Statement
Chrometco Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
(JSE Code: CMO & ISIN: ZAE000070249)
("Chrometco" or "the company")
TRADING STATEMENT
In terms of the listing requirements of the JSE Limited ("JSE"), companies are
required to publish a trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial results for the period
to be reported on will not differ by 20% or more after completion of the
company`s year end audit.
Shareholders of Chrometco Limited are hereby advised that the board has reviewed
the financial results for the 12months ended 29th February 2008 and would like
to draw shareholders attention to the following; the company has earned a net
profit of R 6,4 million for the period resulting from the receipt of a non-
refundable deposit of R 13million on the sale of its Rooderand chrome ore
reserve. (This has resulted in a 130% turnaround with the publication of
positive earnings per share of 3,41cents against a previously reported headline
loss per share of (2,79)cents in 2007, an improvement of 6,20cents per share.
The financial information on which this trading statement is based has not been
reviewed or reported on by Chrometco`s auditors.
For and on behalf of the board of directors
Johannesburg
S.H.Simons J.R.Francey
Chief Executive Officer Chief Financial Officer
25th March 2008
Designated Advisor
River Group
Date: 25/03/2008 07:59:49 Produced by the JSE SENS Department.
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