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| Chairman’s report | |||
| The past year marked the 21st year that the company has been listed on the JSE Limited (JSE) | |||
| Grindrod has further improved on its R1 billion profit milestone in 2006, by recording a R1,195 billion profit for the year under review. This is a most satisfactory outcome with management having achieved their objectives as set out in the 2007 business plan. | |||
| Chief Executive Officer’s report | |||
| 19% increase in earnings to R1,195 billion (2006: R1,008 billion) for the year ended 31 December 2007 | |||
| The strategies implemented over the past few years have provided a solid platform from which the Grindrod group will continue to grow and prosper. The group’s strong balance sheet, conservative gearing and high cash generation, provide us with the means and the flexibility to participate in growth and expansion opportunities as they present themselves. | |||
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