Aveng ends seven lean years of debt, losses

The original article can be found here.

Article highlights:

  • The group found itself back in the black for the first time since June 2014;
  • The group earns a big chunk of its revenues from its infrastructure;
  • The group found itself in this favorable position headline earnings of R751m in the year to end-June from a loss of R950m last year, and revenue surged to R25.7bn from R20.9bn.