WILLDALE Limited (Willdale) says increasing demand for bricks to meet the high demand for housing will drive revenues in the second half of the year.
In a trading update for the quarter ended June 30, 2022, the listed building aggregates maker said it had already started stocking up bricks in anticipation of a boom in demand.
“Plant capacity utilisation, which is currently averaging above 80 percent, should provide sufficient stocks to meet targeted sales volumes for the ensuing quarter, provided electricity supply remains reasonable. We hope the monetary and fiscal policy interventions by the government will bring stability to the exchange rate and inflation and a better operating environment,” Willdal
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