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CHROMETCO LIMITED - Trading Statement

Release Date: 24/05/2013 15:52
Code(s): CMO     PDF:  
Wrap Text
Trading Statement

Chrometco Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/026265/06)
Share code: CMO     ISIN: ZAE000070249
("Chrometco" 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 aware 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 the following
results for the year ended 28 February 2013:

Headline loss per share of between 5 – 6 cents per share (2012:
Headline loss of 9,01 cents per share) being a change of 45% to
33%.

Loss per share of between 5 – 6 cents per share (2012: Earnings of
53.24 cents per share) being a change of 109% to 111%.

Net asset value per share of between 85 – 90 cents per share
(2012:93,61 cents per share) being a change of 9% to 4%.


The financial information on which this trading statement is based
has not been reviewed or reported upon by the company’s auditors.
The company’s results for the twelve month period ended 28
February 2013 are expected to be published on or about 28 May
2013.


24 May 2013

Designated Advisor
Sasfin Capital
A Division of Sasfin Bank Limited

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