Aveng’s annual earnings loss expected to narrow by 100%
A share issue in 2018 has helped the infrastructure construction group restore some health
27 August 2019 - 19:43
Infrastructure development group Aveng’s full-year basic loss in earnings is set to narrow by 100%, from R3.5bn in the 2018 financial year to between R1.6bn and R1.7bn, the company said on Tuesday.
The group, which is scheduled to release its result for the year to June on Wednesday, said it expects a headline loss of between R1.4bn and R1.5bn, compared with a headline loss of just more than R1.5bn in 2018...
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