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CRYOSITE LIMITED — Capital/Financing Update 2012
Apr 22, 2012
64714_rns_2012-04-22_a45b63de-735e-4cfe-bd4e-f16b01ca334e.pdf
Capital/Financing Update
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23 April 2012 Australian Securities Exchange
Profit Guidance
Cryosite Limited (ASX: CTE): The Board of Cryosite would like to provide a full year profit guidance to the market.
The full year profit after tax (12 month 30 June 2012) is expected to range between $950,000 ‐ $1,050,000.
This compares with the equivalent 30 June 2011 result of $334,305 and the strong first half‐year profit after tax of $338,602.
The increased financial performance is a result of continued growth in all segments of the Company’s business.
As previously announced to the market, it is the Board’s intention that while trading conditions remain strong the Board expects to pay a full year dividend. The amount of the dividend will depend on the final results barring any unforeseen downturn in business or unanticipated material expenses.
The Company’s maiden dividend of 0.5 cents (unfranked) was paid on the 5th April 2012.
Yours faithfully,
Gordon Milliken Managing Director
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