PPC profit up 28 percent
Wednesday, November 10, 2010
PPC, which has been producing cement for the last 118 years and has been listed in Johannesburg for a century, said yesterday headline earnings per share (EPS) for the year to end-September rose to 217c, within its forecast range of a 20 percent to 30 percent increase.
Headline EPS is the main gauge of earnings in South Africa and strips out certain one-time and financial items.
The group, which supplies cement to infrastructure projects such as Eskom's Medupi power station, said revenue rose marginally to R6,8-billion, versus R6,7-billion a year earlier.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...