PPC’s share rises in spite of errors in 2019 results
PPC says its investment in Ethiopia’s Habesha Cement should have been fully written down in its year to end-March 2019
18 August 2020 - 10:22
UPDATED 18 August 2020 - 18:03
Cement maker PPC said on Tuesday it had identified errors in its results to end-March 2019 that resulted in an increase in headline earnings per share (HEPS).
The group is in the midst of a restructuring and refinancing programme that may see it pursue tapping shareholders for a figure approaching its R1.3bn market capitalisation...
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