Silver Chef announced on Tuesday morning that the company is expecting to deliver an after-tax profit of between $6.7 million and $7 million in 2010-11. After a change in taxation rates, and allowing for an expanded capital base, this should equate to earnings per share of about 31.2 cents.

The hospitality equipment finance company’s share price has responded positively to this news hitting an all-time high of $3.70. Leading up to today’s announcement, Silver Chef’s share price had already performed strongly, increasing by more than 50 per cent since mid-July.