CKS 201211200024A
Trading statement
CROOKES BROTHERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
(“Crookes” or “the company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited relating
to Trading Statements, a listed company is required to publish a
trading statement as soon as it becomes reasonably sure that the
financial results for the next period to be reported on will
differ by at least 20% or more from those of the previous
corresponding period.
Shareholders are advised that the company expects that, for the
six months ended 30 September 2012:
-earnings per share (“EPS”) will be between 425 cents and 445
cents compared to the prior period EPS of 277.9 cents
-headline earnings per share (“HEPS”) are expected to improve to
between 420 cents and 440 cents over HEPS of 275.6 cents in the
previous corresponding period.
The improvement in EPS and HEPS arises largely from the
finalisation of the claim against the National Department of Land
Affairs in respect of interest payable on the proceeds of the sale
of its Komatipoort estate. Without the additional interest income
the EPS and HEPS would be 178 cents per share lower.
The financial information on which this trading statement is based
has not been audited and reported upon by the company’s auditors.
The company’s results for the six month period ended 30 September
2012 are expected to be published on or about 27 November 2012.
Renishaw
20 November 2012
Sponsor
Sasfin Capital
A Division of Sasfin Bank Limited
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