Construction company WBHO suffered a loss of R1.5 billion, as it battled the impacts of slower activity in its Australian and UK markets. | Fin24
WBHO had supported its Australian business with R2 billion in equity funding over the past few years.The group's Australian operations were a drain on financial performance.
The group on Tuesday released its unaudited financial statements for the six months ended 31 December 2021. WBHO suffered a headline loss per share of 1 613 cents, compared to headline earnings of 81 cents over the same period last year.
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