Aveng Limited updated earnings guidance for the year ended June 30, 2015. The group anticipates headline losses for the period to be between ZAR 550 million and ZAR 590 million, with basic losses expected to be between ZAR 430 million and ZAR 470 million. HEPS is likely to be a loss of between 137 cents per share and 147 cents per share, a decrease of between 222% and 231%, with EPS expected to be a loss of between 107 cents per share and 117 cents per share, a decrease of between 5% and 15%.

Reported headline earnings and basic (loss) for the comparative period were ZAR 421 million and ZAR 381 million respectively, while reported HEPS and EPS for the comparative period were 112.5 cents per share and a loss of 101.9 cents per share respectively.