Construction materials company WG Wearne on Friday said it had incorrectly calculated its losses for the for the financial year ended February 28. In a revised trading statement, the company said it now expected its results to reflect a basic loss a share of between 9.5c and 10.6c, up from the loss of 7.3c and 8.9c a share reported earlier in the week.
Source: www.engineeringnews.co.za
WG Wearne restates FY17 financial loss estimation
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