Calgro M3 has taken a beating this past year, with net profit falling 98.9% over the period to R1.2m. The group says it has been hit by several operational challenges and transactions, coupled with changes in accounting standards and illegal land invasions. CEO Wikus Lategan joined Business Day TV to discuss the group’s full-year results.

Or listen to the full audio:..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.