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WATCH: Stefanutti Stocks mulls share issue after cash balance falls
Stefanutti Stocks CEO Willie Meyburgh talks to Business Day TV about the challenges facing the SA construction sector
30 May 2019 - 17:48
SA's construction industry has been hobbled in recent years by a lack of infrastructure spending, tepid economic growth and slow payments by the private and public sectors, Stefanutti Stocks' annual results lay this picture bare.
For the full year, it's reported a net loss of R111m and to date the group's current liabilities exceed current assets by R301m.
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