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Increased operating costs affect PPC's earnings

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The company remains optimistic, saying it’s well-positioned to benefit from a potential boost once the government's infrastructure programme gains traction.

Group revenue increased 11 percent to R9.88-billion to end-March, while core slipped 6.6 percent to R1.49-billion. PPC highlighted the pressures of competition from imports, which has had an impact the manufacturing and construction sectors ability to maintain jobs.

 

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