EOH released its results for the interim period ending 31 January 2023, showing a huge swing from net profit to net loss.
EOH released its results for the interim period ending 31 January 2023 which revealed a decline in revenue and a huge decline in net profit.
“We completed a very successful R600 million capital raise which further improves our financial position and ability to invest in our people, products, and services,” EOH said. EOH CEO Stephen Van Coller said it is the first time since 2019 that he is able to address EOH’s stakeholders in the context of being a normal business.
The EOH CEO focussed on the company’s growth, efficiency, and talent and its strong international growth and performance. At a continuing gross profit level, EOH maintained margins for continuing operations at 29%, with the long-term target being 30%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TechNovation Social 2023: Reviving Namibia's Culture and Creative Industry for Economic GrowthTwelve (12) Namibian MSMEs will have an opportunity to showcase their products at the upcoming Creative Africa Nexus (CANEX) on the sidelines of the Intra-African Trade Fair (IATF) in Cote d’Ivoire this November following their successful win at the 2023 Technovation Social which took place in Windhoek, on Friday 31 March 2023. An initiative of the Namibia Investment Promotion and Development Board (NIPDB), the 2023 TechNovation Social is a biennial event, established to support and draw inspiration
Read more »
The tax highlights you missed at the 2023 Budget SpeechSPONSORED: With the focus of the 2023/24 Budget Speech mainly falling on SA’s ongoing energy crisis, there weren’t any new dramatic tax measures put in place, but here’s what was mentioned regarding your taxes. | SageGroupZA
Read more »
SARS | Revenue collection increases in 2023The South African Revenue Service has collected R123-billion more than the previous financial year.
Read more »
Pick n Pay appoints workstreams to limit impact of load-shedding on its coffersThe group warned profit for the 2023 financial year might fall by as much as 18%
Read more »
South Africa’s biggest retailer gets secondary listing on A2XShoprite will be again a secondary listing on A2X Markets in April 2023.
Read more »