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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 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 2022, shareholders are advised that:
• basic earnings per share is expected to be 410.20 cents, compared to 152.2 cents for the
year ending 31 March 2022 (“the Corresponding Period”); and
• headline earnings per share is expected to be 229.60 cents, compared to headline earnings
of 272,2 cents for the Corresponding Period.
The increase in basic earnings is mainly due the capital profit realised from the sale of the group’s
remaining portions of the Riversbend farm in the Nkwalini Valley of northern KwaZulu-Natal.
This capital profit is excluded from the calculation of headline earnings, hence the decrease
compared to the Corresponding Period.
The Company’s results for the year ended 31 March 2022 will be published on or about 30 June 2022.
Durban
27 June 2022
JSE Sponsor to Crookes Brothers
Questco Corporate Advisory (Pty) Ltd
Date: 27-06-2022 03:15:00
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