Construction materials producer WG Wearne expects to have widened its losses for the financial year ended February 28.
The company on Thursday said it expected its results to reflect a basic loss a share of between 7.3c and 8.9c, compared with a basic loss a share of 6.52c for the prior financial year.
This would equate to a 12% to 37% year-on-year widening in the loss a share.
WG Wearne also anticipated that its headline loss a share would be between 14c and 15.5c, which equates to a widening of more than 100% on the headline loss a share of 6.52c in the 2016 financial year.