EOH says its turnaround plan remains on track and is underpinned by stable revenue and earnings. The company says it it expects to report an operating profit for the full-year. EOH is in the process of suing its former executives for R6.4 billion to recoup money lost to corruption. After a tough period of tender corruption scandals, technology group EOH says its turnaround strategy is on track – despite challenges in the domestic and global economic environment. The company says it has kept a tight leash on cash and working capital, and expects to report an operating profit for the full year.

Source: News 24 July 30, 2021 15:56 UTC