Cost-cutting measures are bearing fruit, says EOH
30 January 2020 - 13:44
EOH on Thursday closed at its lowest levels on the JSE since September 2009 even as the company said its cost-saving efforts were starting to bear fruit.
The technology group, whose share price has fallen almost 95% since the beginning of 2017, said on Thursday it has made progress in cutting costs in its six months to end-January as it seeks to balance its books in the wake of a corporate governance scandal...
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