EOH swings to full-year profit

JSE-listed information technology services company EOH has posted a profit of R147-million for the financial year ended July 31, compared with a loss of R1.3-billion posted for the prior financial year. The company on October 28 said its work to close out legacy contracts and make targeted disposals over the past two years had resulted in more profit from a smaller revenue base of R7.9-billion.

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