CMO - Chrometco - Trading Update - 29 February 2008
CMO
CMO
CMO - Chrometco - Trading Update - 29 February 2008
CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
(JSE Code: CMO & ISIN: ZAE000070249)
("Chrometco" or "the Company")
TRADING UPDATE - 29 FEBRUARY 2008
In terms of the listing requirements of the JSE Limited ("JSE"), a company has
to publish a trading statement if an increase or decrease of more than 20%
(compared to the previous reporting period) in its basic earnings per share or
net asset value per share is expected.
Shareholders of Chrometco are advised that headline earnings per share for the
year ended 29 February 2008 will be approximately 4,76 cents per share, an
increase of 39,5%. This growth in headline earnings per share is attributable to
the reversal of Impairment of an Intangible asset.
This trading statement and SENS announcement has not been reviewed or audited by
the company`s auditors.
The company expects to release its reviewed and audited year end results on 29
May 2008.
For and on behalf of the board of directors
S.H.Simons J.R.Francey
Chief Executive Officer Chief Financial Officer
27 May 2008
Directors: J.H.R.Raubenheimer (Chairman), S.H.Simons (CEO), J.R.Francey (CFO),
T.W.Scott, P.Baloyi
Designated Advisor
River Group
Date: 27/05/2008 13:30:01 Produced by the JSE SENS Department.
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