Enhanced Investments - Financial Portal

Trading statement

Published: 2021-06-25 15:00:00 ET

Crookes Brothers Limited (JSE:CKS) News - Trading statement

 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”)

Trading statement

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they become reasonably certain that the financial results for the
period to be reported on next will differ by at least 20% from those of the previous corresponding period.


For the year ended 31 March 2021, shareholders are advised that:

    -   basic earnings per share is expected to be between 142.2 cents and 162.2 cents (2020: basic
        earnings 57.2 cents), and

    -   headline earnings per share is expected to be between 262.2 cents and 282.2 cents, (2020:
        headline loss 48.5 cents).

The earnings increase is driven mainly by an improved performance in the group’s sugar cane,
deciduous fruit and macadamia operations and a reduction to the group’s effective tax rate.

The group’s results for the year ended 31 March 2021 will be published on or about 30 June 2021.


Mount Edgecombe
25 June 2021

Sponsor: Sasfin Capital (a member of the Sasfin Group)

Date: 25-06-2021 05:00:00
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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.