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 the loss per share of the group for the year
ending 31 December 2004 is expected to be between 60.72 and 72,87 cents in
comparison to earnings per share of 119,78 in respect of the comparative period,
being the year ended 31 December 2003.
The decline in results is attributable partly 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, and partly due to the inclusion of certain abnormal
items which have been incurred by the group during the period under review.
The financial information on which this trading statement is based has not been
reviewed nor reported on by the group`s auditors.
Sandton
13 December 2004
Sponsor KPMG
Date: 13/12/2004 10:10:06 AM
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