Shares in the carpet maker gain on light trading today.
The carpet-maker's shares fall 21 cents to $1.55 on the NZX and have shed almost 20% this year.
The loss comes after a profit of $18.2 million a year earlier.
Cavalier Corp, New Zealand’s only listed carpet maker, may post a full-year loss as it takes steps to restructure its broadloom carpet business, ruling out a dividend.
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