CROOKES BROTHERS LIMITED - Trading statement

Release Date: 01/06/2018 14:00
Code(s): CKS
 
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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 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.

Earnings for the year have been materially affected by a sharp decline in the South Africa RV sugar
price.

For the year ended 31 March 2018, shareholders are advised that:

-    basic loss per share is expected to be between 40 cents and 60 cents, compared to basic
     earnings of 424.7 cents in the corresponding prior period; and
-    headline loss per share is expected to be between 39 cents and 59 cents, compared to 424.1
     cents in the corresponding prior period.


The Company’s financial results for the year ended 31 March 2018 are expected to be published
on or about 12 June 2018.



Mount Edgecombe
1 June 2018

Sponsor
Sasfin Capital (a member of the Sasfin group)

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