Basil Read aims to end bleeding
29 March 2015 - 02:00
Basil Read's share price was unchanged at the close of trade on Friday despite the release of dismal annual results. Most of the damage was done last week, when a shock profit warning knocked a third off the company's value.But details released on Friday show a bloodbath: a post-tax loss of R820.9-million for 2014 (from a R281.
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