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CROOKES BROTHERS LIMITED - Trading statement
2022/06/27 15:15:00Download PDF Stock report
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 Companys results for the year ended 31 March 2022 will be published on or about 30 June 2022.
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 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.