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Aveng earnings fall as revenues drop – Business Day

Aveng earnings fall as revenues drop – Business Day

Aveng saw revenues fall 14% as net operating earnings dropped 19% and headline earnings a share plunged 58% in the six months to December. Along with many of its JSElisted peers the construction and engineering group is feeling pressure from a decline in mining investment and the poor rollout of government infrastructure in SA. Rubin Renecke comments.
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