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.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
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
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »