I also noted the more than 50% increase in employee benefits.
Indeed worrying and if in fact those benefit expenses are increases in remuneration at a point in time when the company states earnings retraction is due to a regression in construction activity, imho that is not prudent fiscal management.
Pure speculation on my part and I will try to clarify what these benefits comprise with the company.
AZG Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held