CMI Limited announced earnings guidance for the full year to June 30, 2014. The company is expecting a net profit after tax in the range of $3.0 million to $3.5 million. This trading update is based on unaudited management accounts to March 2014.

The projected result is impacted by difficult conditions in the mining industry affecting the Electrical division and ongoing weak performance of TJM as flagged at the half year, resulting in a decrease in earnings on the previous corresponding period.