Pasdec - Trading Statement
PASDEC RESOURCES SA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004942/06)
(`Pasdec` or `the group`)
Share Code: PSC ISIN Number: ZAE000023552
TRADING STATEMENT
Shareholders are advised that Pasdec expects the net profit before tax of the
group for the six months ended 30 June 2004 will be between 45% and 50% lower
than the result for the comparative period, being the six months ended 30 June
2003. The decline in results is attributable to Femco (Pty) Ltd not having
achieved its budgeted turnover by a substantial margin, primarily due to the
intense competition which has been experienced in the market resulting from the
strengthening of the Rand.
The financial information on which this trading statement is based has not been
reviewed nor reported on by the group`s auditors.
Sandton
3 September 2004
Sponsor
KPMG
Date: 03/09/2004 03:10:03 PM
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
