Calgro M3 says illegal land invasions dented their profits

Calgro M3 has taken a whack this past year, with net profit falling 98.9% over the period to R1.2 million. The group says its been hit by several operational challenges and transactions, coupled with changes in accounting standards as well as illegal land invasions - triggering a headline loss per share of 19 cents. Calgro M3 CEO Wikus Lategan joined Business Day TV for more insight.

Calgro M3 CEO Wikus Lategan joins Business Day TV to discuss the results.