{"id":186237,"date":"2017-07-19T07:40:08","date_gmt":"2017-07-19T05:40:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=186237"},"modified":"2017-07-19T07:40:08","modified_gmt":"2017-07-19T05:40:08","slug":"ellies-expected-to-narrow-losses","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/186237\/ellies-expected-to-narrow-losses\/","title":{"rendered":"Ellies expected to narrow losses"},"content":{"rendered":"

Ellies, a listed manufacturer and distributor of electronic products related to television reception, says it expects to record a loss of between 38 cents and 47 cents per share for the year ended April 2017.<\/p>\n

This, it said, is between 46.45% and 56.71% lower than a prior loss of 87.78 cents per share for the year ended April 2016.<\/p>\n

Ellies said it expects to record a headline loss of between 5 cents per share and 11 cents per share, being between 80.82% and 91.28% lower than 57.35 cents reported in 2016.<\/p>\n

It said its losses come from its infrastructure segment (5 – 10 cents per share), a loss in the consumer segment of between 6 and 11 cents per share and a loss in the group segment of between 25 and 30 cents per share.<\/p>\n

Ellies said it expects to publish its results on 28 July 2017.<\/p>\n

\n

Read: JSE announces job cuts amid recession<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ellies says it expects to record a loss of between 38 cents per share and 47 cents per share for the year ended April 2017.<\/p>\n","protected":false},"author":10,"featured_media":18484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[31],"tags":[25,557],"class_list":["post-186237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-active","tag-ellies"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/186237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=186237"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/186237\/revisions"}],"predecessor-version":[{"id":186241,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/186237\/revisions\/186241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/18484"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=186237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=186237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=186237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}