Stefanutti Stocks trims losses as asset sales continue

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

The group has indicated that losses in continuing operations have more than halved in its six months to end-August

Construction and engineering firm Stefanutti Stocks, which is battling to avoid joining recently delisted peers, says it has managed to more than halve losses in the businesses it intends to keep for its half-year to end-August.

The group said in a trading update it expects to report a loss per share from continuing operations of between 50c and 70c for its six months to end-August, an improvement of up to two thirds...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks unchanged as traders fret about US inflationMarkets are becalmed as surges in oil and Chinese factory prices add to the worry that US inflation is running hotter for longer than expected
Source: BDliveSA - 🏆 12. / 63 Read more »

Oil extends gains after unexpected drop in US stocksIndustry data shows crude stocks fell last week as travel demand picks up due to easing Covid-19 pandemic curbs
Source: BDliveSA - 🏆 12. / 63 Read more »