Buildmax loss per share 0.16c v 14.31c
Category Retail Property News
Buildmax reported on Thursday that operating profit for the year ended February 29 had improved from a loss of R43.3 million to a profit of R102.5 million.
It hence improved its loss per share from 14.31 cents to a loss per share of 0.16 cents.
Headline earnings of R10.0 million compared to a headline loss of R112.0 million at February 2011.
It spent R415.9 million on capital expenditure to expand and maintain operations which was funded by cash and asset based finance facilities.
Author: Warehouse Finder
