WG Wearne Limited
WG Wearne Limited (Wearne) is a construction material manufacturer. The company manufactures aggregates, ready-mixed concrete, pre-cast concrete and concrete bricks. The company also provides blasting, mobile crushers, ready-mix pumps and logistic services. It operates through its ten subsidiaries, one joint venture and one associated company. Wearne operates 21 plant locations in Free State, Gauteng, Limpopo and North West provinces of South Africa. The company is headquartered at Gauteng, South Africa.The company reported revenues of (Rand) ZAR 587.00 million during the fiscal year ended February 2009, an increase of 10.20% over 2008. The operating profit of the company was ZAR 35.96 million during the fiscal year 2009, a decrease of 52.83% from 2008. The net loss of the company was ZAR 0.76 million during the fiscal year 2009, as against a net profit of ZAR 39.93 million during 2008.
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