PPC’s Capex lags behind forecasts

PPC has reported that its capital expenditure for the current fiscal year is trailing behind forecasts due to a delay in the completion of the fly ash project at its Zimbabwean unit.

Advertisements

The company’s capex guidance for the full year ending March 31, 2024 (FY 2024) stands at R600 million. The implementation of the fly ash project is expected to significantly boost market share and profitability for the loca

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

ICT, consumer stocks drive markets growth

Diversification buoys CBZ’s lending portfolio

Delta Corporation to step up cost cuts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More