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EOH manages to reduce its half-year loss by more than 80% - Vimarsana News

EOH manages to reduce its half-year loss by more than 80%

EOH manages to reduce its half-year loss by more than 80% By Sandile Mchunu Share DURBAN - EOH HOLDINGS yesterday said it had managed to reduce its half-year loss by 83 percent as it continued to clean up an image tarnished by problematic legacy contracts that almost brought the company to its knees. The information technology group said it made significant progress in closing out the contracts and five of the eight that were in the public sector had been settled. It said one of the contracts was ceded to a subcontractor with settlement currently in arbitration, another would conclude at the ...

Source: iol.co.za