Order book expected to support business growth next year for Murray & Roberts

Murray & Roberts said on Wednesday it expected its strong order book to support growth in the 2021 financial year because of new contracts secured by the oil and gas business.

M&R, which exited the troubled South African construction industry when it sold its infrastructure and building businesses in 2016, said its order book, which includes a number of multiyear projects, increased by 60% to R50.8bn. The company, headed by CEO Henry Laas, said revenue from continuing operations increased by 11% to R10.8bn for the six months to end December 2019, compared to R9.7bn in the previous year, while operating profit from continuing operations increased by 15% to R419m during the period.

It must be for power plants outside SA, asall local stuff was sold to BEE crooks, unless CyrilRamaphosa tito_mboweni have been bribed to pay for more losing Gautrain

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Founder’s grandson to take over Lego as it eyes Chinese marketThomas Kirk Kristiansen is to become chair of Europe’s largest toymaker as it expects single-digit growth in profit to continue
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

UK preparing measures to help business, economy if coronavirus spreads - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The British government is preparing possible measures to support the health service, businesses and the economy as the outbreak of coronavirus continues to spread, the finance ministry said on Monday.
Sumber: SABC News Online - 🏆 32. / 51 Baca lebih lajut »

Manufacturing business conditions hit 11-year lowThe Absa PMI fell to its lowest level since 2009, as the world battles coronavirus implications and SA contends with threats of power cuts
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

AdvTech profits to rise after Monash SA acquisitionThe group is expecting HEPS to have risen as much as 23% in its year to end-December
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »