News Formal

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%

Italia Notizia Notizia

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.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Sephaku slips into a loss as rivals aggressively pursue market shareThe cement maker has reported a R7.7m loss in its year to end-September amid declining infrastructure spend in SA
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

BRIAN KANTOR: Some lessons from share market historyWhat to consider when examining the relationship between price and earnings
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Market data — November 14 2019Market data including bonds, unit trusts and fuel prices
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »