CRG
CRG
CRG - Cargo Carriers Limited - Revised Trading Statement
CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
("CRG" or "the group")
REVISED TRADING STATEMENT
Shareholders are referred to the company`s trading statement dated 14 May 2010,
in which it was indicated that earnings and headline earnings per share for the
period ended 28 February 2010 respectively, was expected to be between 50-60%
and 130-140% higher than the previous year.
As part of finalising the year end results with the external auditors, an
adjustment was required in respect of the carrying value of the deferred tax
assets created for assessed losses within subsidiaries of the group.
Accordingly, in terms of paragraph 3.4(b) of the JSE Listings Requirements,
shareholders are now advised that, the company anticipates earnings and headline
earnings per share for the period ended 28 February 2010 respectively to be
between 40-50% and 110-120% higher than the previous year.
The financial information on which this trading statement is based has not been
reviewed and reported on by the company`s auditors.
The final announcement of results for the year ended 28 February 2010 is
expected to be published on or about 19 May 2010.
Johannesburg
14 May 2010
Sponsors
Arcay Moela Sponsors (Pty) Ltd
Date: 14/05/2010 15:47:01 Produced by the JSE SENS Department.
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