Construction and engineering firm Stefanutti Stocks, which is battling to avoid joining recently delisted peers, is looking to continue cutting jobs and selling off assets after Covid-19 put additional strain on a company already struggling to collect from clients.
The group operates in SA, Sub-Saharan Africa and the UAE, and, like many other construction firms, it has struggled amid a dearth of investment in infrastructure. The group’s liabilities exceed its assets by about R67m from the end of its six months to end-August...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
World stocks at record highs on hopes central banks will balance Covid-19 damageRepublicans have indicated they are willing to work with President Joe Biden on a $1.9-trillion US fiscal-stimulus plan
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
Asian stocks falter as new Covid-19 strain shuts UKPound slides as a new strain of coronavirus offsets news that a deal has finally been struck on a US stimulus bill
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
India Covid-19 crisis and US stocks expansion weigh on oil pricesOffsets confidence shown by Opec and its allies in a solid recovery in global fuel demand
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
Global stocks creep up as varying Covid scenarios result in push-pull tradingMarkets are haggling over whether to bet on recovery in developed nations or worry about surges in India and Japan
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
Stefanutti Stocks to sell its mining services division as it battles for survivalThe JSE-listed construction company will sell the unit to privately owned Akhona Mining Services How I wish all traders are like majestic_marv there won't be any loss of money because I and so many of my friends traded with him and got our profit , thanks once again Mr majestic_marv
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »