Sanyati says that shareholders have been advised of the R50.2m change in an estimate which has been recognised in the interim results for the 6 months ended August 2009.

Afrimat has advised that its earnings and headline earnings per share for the year ended February 28, are expected to be between 20%-30% higher than previously.

The boom times may have gone but there is still value in the construction sector, with infrastructure spending underpinning order books.

Murray and Roberts has reported headline earnings per share of 200c for the 6 months ended December 31, 2009, from 302c previously.

Building materials retailer Cashbuild had been faring admirably throughout the recession.

Black-owned and managed financial services enterprise Vunani reduced its diluted headline loss per share from 26.54c to 3.18c for the six months ended June.

Aveng has reported a 43% increase in headline earnings per share to 244.4 cents for the six months ended December 2008 from 171.4 cents a year ago.

Murray & Roberts's strong performance in the prevailing difficult economic conditions is in line with that of other companies in the sector.

South African-based construction firm Murray & Roberts says that the Salam Resort joint venture project in Bahrain has been cancelled.

South African-based construction firm Murray & Roberts says that the Salam Resort joint venture project in Bahrain has been cancelled.