AYO Technology Solutions Limited provided group earnings guidance for the year ending August 31, 2018. The Group expects to report net profit attributable to owners of the parent for the year ending 31 August 2018, of between ZAR 142 million and ZAR 162 million, compared to a net profit attributable to owners of the parent of ZAR 16.7 million for the year ending 31 August 2017, as per the pre-listing statement issued on 13 December 2017. The net profit for the financial ended 31 August 2017 included ZAR 2.8 million profit attributable to discontinued operations, whereas no earnings from discontinued operations are expected for the current year. The Group expects to report basic earnings per share for the year ending 31 August 2018 of between 46.45 cents per share and 52.99 cents per share compared to the EPS of 7.86 cents per share reported on for the year ended 31 August 2017, and a decrease of between 80.86% and 78.16% as compared to the EPS forecast for the financial year ending 31 August 2018 of 242.68 cents per share, as per the PLS.