Interim Results for the Six Months Ended 30 September 2020
Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
(“Crookes Brothers” or “the Company”)
Summarised Interim Results for the Six Months Ended 30 September 2020
The Crookes Brothers Board (“the Board”) is pleased to present a summary of the Company’s interim results
for the six months ended 30 September 2020.
Six months Six months
ended 30 Sep ended 30 Sep %
Salient Features Index 2020 2019* change
Revenue R’000 412 067 437 882 (6)
Operating profit R’000 66 097 33 925 95
Profit for the period R’000 46 285 11 145 315
Non-controlling interests R’000 14 225 15 849 (10)
Headline earnings/(loss) R’000 23 070 (5 070) 555
Shareholders’ equity R’000 1 104 154 1 069 284 3
Cash generated from operations R’000 58 478 52 993 10
Weighted average number of ordinary shares shares 15 264 317 15 264 317 -
Basic earnings/(loss) per share cents 210,0 (30,8) 782
Headline earnings/(loss) per share cents 151,1 (33,2) 555
Net asset value per share cents 7 234 7 005 3
* Prior period re-presented to account for Renishaw Hills as continuing operations, and restated to account for the group's
equity share of earnings in its associate Lebombo Growers (Pty) Ltd.
The Board has taken the decision not to declare an interim dividend in keeping with its current conservative
The full announcement including commentary is available on the link below.
This short-form as set out above is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement, which is available on the following websites:
JSE website: https://senspdf.jse.co.za/documents/2020/jse/isse/cks/cbl2020.pdf
Crookes Brothers website: http://www.cbl.co.za/wp-content/uploads/2020/11/IR30Sept20.pdf
Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices on workdays during business
hours, at no charge.
24 November 2020
Sponsor: Sasfin Capital (a member of the Sasfin Group)
Date: 24-11-2020 04:49:00
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