Stefanutti Stocks hopes for decision on Eskom dispute in new year
Construction and engineering firm narrows its interim loss
Construction and engineering firm Stefanutti Stocks has narrowed its interim loss from continuing operations as its restructuring plans and dispute with troubled state-owned power utility Eskom continues.
The company, valued at about R230m on the JSE, said on Tuesday in its results for the six months to end-August that revenue for continuing operations rose 16.2% to R3.3bn, of which nearly two-thirds was generated in SA, and operating profit increased 27.2% to R68.8m...
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