Aveng Limited provided earnings guidance for the year ended June 30, 2018. Shareholders are advised that the headline loss per share ("HEPS loss") for the 12 months ended 30 June 2018 will be more than 100% better than the comparative period. The HEPS loss will be between 297 cents per share and 329 cents per share, compared to a reported loss of 1,625.3 cents per share in 2017 (adjusted for the deemed bonus element of the rights offer, 1,196.9 cents per share in 2017), while the headline loss for the year will be between ZAR 602 million and ZAR 770 million, compared to a loss of ZAR 449 million in 2017. The basic loss per share ("EPS loss") will be more that 100% better than the comparative period. The EPS loss will be between 607 cents per share and 671 cents per share, compared to a reported loss of 1,690.6 cents per share in 2017 (adjusted for the deemed bonus element of the rights offer, 1,245.0 cents per share in 2017), with basic loss in earnings of between ZAR 272 million and ZAR 616 million for the year, compared to a loss of ZAR 708 million in 2017.