EOH's shares fall on warnings of further losses, lower operating profit

Information and communications technology (ICT) group EOH expects to report a lower operating profit and adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the six months ended January 31 – the first half of its 2024 financial year. The group's operating profit for the period is estimated at R5-million to R15-million, compared with the operating profit of R142-million reported for the six months ended January 31, 2023.