Pasdec Resources SA Limited - 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 and headline loss per share of
the group for the six months ending 30 June 2005 is expected to be between 24.0
and 28.8 cents in comparison to earnings per share and headline earnings per
share of 8.4 cents in respect of the comparative period, being the six months
ended 30 June 2004.
The expected decline in earnings is primarily attributable to the Femco group
achieving lower turnovers resulting from the continued strong rand, and the
resultant market conditions.
The automotive subsidiary, Pasdec Automotive Technologies (Pty) Ltd, continues
to earn profits in line with its budget expectations.
Full details of the above will be provided when the company publishes its
interim results on or about 18 August 2005.
The financial information on which this trading statement is based has not been
reviewed nor reported on by the group`s auditors.
Brits
15 August 2005
Sponsor KPMG Services (Pty) Ltd
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