Heavy full-year loss for Murray & Roberts

Helen Wright

01 September 2011

South African contractor Murray & Roberts reported a net loss for the year ended 30 June, 2011, of ZAR 1.6 billion (US$ 248 million) after making a ZAR 1.9 billion (US$ 282 million) provision for legal penalties and contract completion costs.

The result compared to a full-year profit of ZAR…

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