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Mpact declares dividend despite challenging six months
JSE-listed paper and plastics packaging company Mpact increased its revenue for the six months to June 30 by 1.1% year-on-year to R5.96-billion, and declared an interim dividend of 15c a share, despite the trading environment being challenging, CEO Bruce Strong has said. The growth in revenue was supported by higher volumes in paper manufacturing, paper converting and plastics bins and crates, as well as an improved product mix in plastic fast-moving consumer goods (FMCG) at its Wadeville, Gauteng, operations.
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businessday.co.za
Mpact generates more cash despite a tough paper market
Paper manufacturing woes offset gains in converting and plastics divisions
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engineeringnews.co.za
Mpact declares dividend despite challenging six months
JSE-listed paper and plastics packaging company Mpact increased its revenue for the six months to June 30 by 1.1% year-on-year to R5.96-billion, and declared an interim dividend…