It said on Friday, 26 June, in its results for the year ended March that revenue had shot up 36% in the period as earnings before interest, tax, depreciation and amortisation rose 39% to R139m. Operating profit soared 44% to R109m, with profit after tax up 57%.
The group recorded a profit before tax of R72m and net profit of R47m.
Sales revenues came mainly from the Delmas milling plant that reached steady state production in November 2014. Clinker and cement production at Aganang commenced in August and October, respectively.
Source: BDpro
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