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Trading Statement
CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
("Cargo Carriers" or "the Company")
TRADING STATEMENT
In terms of the JSE Listings Requirements, companies are required to provide
guidance to the market when they are satisfied that a reasonable degree of certainty
exists that the financial results for the current reporting period will differ by at least
20% from the results of the previous corresponding reporting period.
Cargo Carriers is currently finalising its results for the year ended 28 February 2017.
Shareholders are advised that the Company expects earnings per share (“EPS”) for
the year ended 28 February 2017 to be at least 20% higher relative to the prior
comparative period. Headline Earnings per share (“HEPS”) is expected to be within
the 20% range.
There is currently insufficient certainty to enable the Company to provide specific
guidance on the extent of the expected increase in EPS and the Company will publish
a further trading statement in due course.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Company’s auditors.
Johannesburg
4 April 2017
Sponsor
Arbor Capital Sponsors Proprietary Limited
Date: 04/04/2017 09:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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