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ConvergeNet Holdings has issued a trading statement warning of losses for the 12 months ended 31 August 2013.

This follows an earlier trading statement issued in November and warns of a basic loss per share of between 10,62 cents and 12,16 cents; and a headline loss per share of between 4,47 cents and 5,47 cents.

In addition, the company warns that, in respect of its discontinued operations for the 12 months, there will be a basic loss per share of between 11,86 cents and 12,38 cents, and a headline loss per share of between 3,72 cents and 4,24 cents.

ConvergeNet’s financial results for the year should be published tomorrow (12 December 2013).