Fletcher Building's poor results are believed to be indicative of wider pain in the construction sector. 

The company's half-year financial results painted a dire picture, with a $120-million net loss. 

Chief Executive Ross Taylor announced his resignation yesterday alongside Chair Bruce Hassall. 

Combined Building Supplies Co-op Chair Carl Taylor told Mike Hosking that the industry is hurting. 

He says it is quiet out there, and their numbers are down too. 

LISTEN ABOVE 

• Fletcher Building needs a bigger patch-up job, expert warns
• Fletcher Building results and resignations: Why CEO Ross Taylor stepped down
• Fletcher Building makes $120m loss, CEO and chair resign
• Fletcher Building announces significant net loss, execs step down