African Dawn Capital Limited provided earnings guidance for the year ended 29 February 2020. For the year, the company expects headline loss per share will be between 22.24 cents and 18.96 cents, representing a decrease of between 32.27% and 42.27% compared to the headline loss per share of 32.8 cents reported for the year ended 28 February 2019; and loss per share will be between 22.28 cents and 18.93 cents, representing a decrease of between 33.51% and 43.51% compared to the loss per share of 33.5 cents reported for the 28 February 2019. Headline loss and loss per share decreased mainly due to the increase in the weighted average shares in issue and was not due to an improvement in operational performance.