Buildmax is expecting a reduced loss for the six months ended August.

Open-cast miner and equipment supplier Buildmax is winding down its Diesel Power Civils business due to 'tough trading conditions' in SA, especially in construction.

Buildmax says its first-half headline loss per share to the end of August was 21.5c from a profit of 19.6c in the year-earlier period.

Construction group Buildmax reports a 104% jump in headline earnings per share to 20.2c in the six months to August‚ from 9.9c a year earlier.

Share price of Buildmax rises by 10% after it issued a trading update.

The share price of construction company Buildmax (BDM) rose by 10% in early trade on Monday to R2.20 at 10.40am after it issued a trading update.

It said it expected its headline earnings per share for the year to end February to between 26.5c and 29.5c which is an improvement of between 382% and 436% from 5.5c recorded in the similar period a year ago.

The company\'s results are expected on May 17 2013.

Construction company Buildmax expects its headline earnings per share for the year to end February 2013 to between 26.5c and 29.5c.

Construction company Buildmax (BDM) expects its headline earnings per share for the year to end February 2013 to between 26.5c and 29.5c which is an improvement of between 382% and 436% from 5.5c recorded in the similar period a year ago.

Buildmax is a leading provider of opencast mining, mining services, bulk earthworks and a supplier of construction materials to the South African mining and construction industries. 

The company\'s results are expected on May 17.