CROOKES BROTHERS LIMITED - Trading statement

Trading statement

 Crookes Brothers Limited
 (Incorporated in the Republic of South Africa)
 (Registration number 1913/000290/06)
 Share code: CKS ISIN: ZAE000001434
 (“the Company”)


TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a company is required to publish a trading statement
as soon as it becomes reasonably certain 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.

For the financial year ended 31 March 2023, shareholders are advised that:

   •   basic loss per share is expected to be 1 284.90 cents per share (March 2022: basic earnings
       410.20 per share); and
   •   headline loss per share is expected to be 708.80 cents (March 2022: headline earnings
       229.60 per share).

The group experienced very difficult and challenging trading conditions during the financial year
ended 31 March 2023. Geo-political and weather events beyond the group’s control together with
the impact of loadshedding, have negatively impacted on earnings and cash flows for the year
under review.

The Company’s results for the year ended 31 March 2023 will be published on or about 29 June 2023.

Durban
26 June 2023

JSE Sponsor to Crookes Brothers
Questco Corporate Advisory (Pty) Ltd

Date: 26-06-2023 03:50:00
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