Purple Group Limited provided earnings guidance for the year ended August 31, 2018. The company expects financial results for the next reporting period will differ by at least 20% from those of the previous corresponding period. The company anticipates an improved basic loss per share and headline loss per share of between 2.79 cents to 3.08 cents, compared to a basic loss per share and headline loss per share of 6.42 cents, representing a decrease in the basic loss and headline loss per share of between 56.5% and 52.02%, reported in the previous corresponding 12 month period. The loss has therefore been reduced by between ZAR 32.5 million and ZAR 29.9 million for the year compared to the previous corresponding period.