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CRYOSITE LIMITED Interim / Quarterly Report 2013

Feb 25, 2013

64714_rns_2013-02-25_28883e1b-e2b7-41e7-9b7b-e51efe453e16.pdf

Interim / Quarterly Report

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26/02/2013

Company Announcements Office Australian Securities Exchange

Cryosite (ASX:CTE) REPORTS Half year financial results and a guidance update

Cryosite Limited (ASX:CTE). The Board of CTE is pleased to announce the half year report for the period to 31 December 2012 and to provide a guidance update for the period to 30 June 2013.

HIGHLIGHTS

  • Strong organic growth that has resulted in the following highlights:

    • Revenue increase by 15.9% over the same period in 2011

    • Profit of $558,594 compared to $348,602 in same period last year, an increase of 60.2% over the same period

    • Profit down by 17.1% on last half to June 2012. Reduced profit due to one-off costs

  • Dividend

    • An interim dividend of 0.5 cents per share has been declared

OUTLOOK

  • Continued good performance in all segments of the business

  • Forecast profit range for the year to 30[th] June 2013 $1,200,000 to $1,400,000

Gordon Milliken Managing Director

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