PPC share price tumbles on earnings warning

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

日本 ニュース ニュース

Headline earnings per share for the six months to end-September are expected to fall as much as 85%

Cement producer PPC’s shares slumped more than a fifth in early trade on Thursday after the company said interim earnings could fall more than 80% because of low demand for its products in SA and shortage of foreign currency in Zimbabwe.

The company’s disappointing performance comes amid a surge in imports, lack of infrastructure investment, mooted price increases in Southern Africa and weak consumer demand. PPC owns 70% of PPC Zimbabwe, which includes a clinker manufacturing operation at Collen Bawn and two milling plans in Bulawayo.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Dis-Chem gains market share as store rollout continuesGroup revenue grew 13.2% during its six months to end-August, boosted by new outlets and its acquisition of a wholesaler
ソース: BDliveSA - 🏆 12. / 63 続きを読む »