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Stefanutti sees opportunities in various sectors, swings to interim profit

Project: Stefanutti sees opportunities in various sectors, swings to interim profit

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Stefanutti sees opportunities in various sectors, swings to interim profit

JSE-listed construction group Stefanutti Stocks reported a profit of R9.25-million for the six months ended August 31, compared with a loss of R188.48-million posted for the six months ended August 31, 2021. Contract revenue from continuing operations decreased to R2.87-billion for the interim period, from R3.15-billion in the prior comparable period, but operating profit improved to R54.03-million, compared with R8.93-million in the prior period.

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