EOH ‘remains profitable’ as it battles tough conditions
Turnaround is on track, says the technology group, which expects its gross profit margin to improve
30 July 2021 - 10:54
UPDATED 01 August 2021 - 17:22
Technology group EOH, which is demanding R6.4bn from former executives as it battles to repair a reputational hit from corruption claims, says it remains profitable even as Covid-19, load-shedding and social unrest batter SA’s prospects.
The group, which provides digital services ranging from maximising crop production to network infrastructure and water management, is also facing the threat of a ban from doing business with the government, which provides about a fifth of its revenue...
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