Auditors raise concerns over Cavalier’s finances
NZX-listed company insists it remains a ‘going concern.’
Andrew Bevin
Tue, 27 Aug 2019
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Auditors KPMG say there is “material uncertainty” about the health of carpet maker Cavalier, after another difficult year that has driven its finances into the red.
The NZX-listed carpet business revealed today it made a loss of $16.8 million in the year to June 30, down from a $4m profit in
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Andrew Bevin
Tue, 27 Aug 2019
Contact the Writer: andrew@nbr.co.nz
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Auditors raise concerns over Cavalier’s finances
Business,
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