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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gold Frost | LSE:GLF | London | Ordinary Share | IL0010952989 | ORD ILS0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
31 January 2007 Gold Frost Limited ("Gold Frost" or the "Company") Trading Statement Gold Frost (ticker: GLF), the designer, developer and distributor of kosher chilled, frozen and dairy food products today announces that it expects fourth quarter revenues of approximately $2.8M, a 40 per cent. increase when compared to the fourth quarter of 2005. Despite this strong performance, the Company expects that its revenues and profit before tax for the year ended 31 December 2006 will be below market expectations. The table below sets out the directors' revenue, profit and cash expectations for the year ended 31 December 2006 and compares these to the actual results for the year ended 31 December 2005 and market expectations for 2006. Directors' Actual Market Expectations expectations FY FY `06 FY `05 `06 $'m $'m % $'m % Revenues 10.7 8.2 30 12 -10.8 Profit Before Tax 3.4 2.2 55 3.82 -10.9 Net Cash 12.4 4.3 188 n/a n/a Whilst growth in 2006 has been slower than expected, the continued growth within the Israeli market means that the directors look forward to 2007 with optimism. Enquiries: Gold Frost Ltd Zwi Williger, Chief Executive Officer +972 544 324924 Corporate Synergy Plc +44 20 7448 4400 Luke Ahern / David Seal / Rhod Cruwys Notes to Editors: Gold Frost is a designer, developer and distributor of branded kosher dairy food products with 18 varieties of products currently on sale in Israel. The Company possesses proven R&D capability for "koshering" chilled, frozen, diary and other products, a number of which have a health advantage by virtue of being low in fat and cholesterol. END
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