Sephaku slips into a loss as rivals aggressively pursue market share

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Colombia Noticias Noticias

The cement maker has reported a R7.7m loss in its year to end-September amid declining infrastructure spend in SA

Building and construction materials group Sephaku Holdings slipped into a loss in its year to end-September, saying it rivals were aggressively pursuing increased market share amid limited opportunities as infrastructure projects dry up.

SepCem, of which Sephaku holds 36%, reported a 19% decline in cement volumes, with a net loss after tax of R21.6m, down from a profit of R44.6m previously.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

MARKET WRAP: JSE tracks firmer global markets as investors await Trump speechMarkets really do seem to be trading as if in limbo, according to one analyst
Fuente: BDliveSA - 🏆 12. / 63 Leer más »