ai Automotive revises earnings outlook after production cuts

Perth-based company aiLimited has revised the earnings outlook of its South Australian subsidiary aiAutomotive after a series of production cutbacks from its customers.

aiConstruction makes deal $9m with Cimeco Group

BIBRA Lake’s aiConstruction, the building arm of listed Perth company aiLimited, will acquire Bunbury-based construction company Cimeco Group Pty Ltd in a deal worth up to $9 million.