EOH reports big jump in full year earnings and profit
- Details
- Published: Tuesday, 19 September 2017 10:19
- Sourced by SolutionsTeam
By Staff Writer
Listed IT service company EOH has published its final results for the year ended July 2017. The company reported that annual revenue increased by 21% to R15.5 billion (from R12.8 billion previously) while gross profit grew to R5.1 billion (2016: R4.1 billion). Operating profit before interest and share of equity-accounted profits rose to R1.8 billion (2016: R1.4 billion), while profit attributable to owners jumped to R1.2 billion (2016: R0.9 billion). Headline earnings per share were higher at 832 cents per share (2016: 719 cents per share).