Mpact’s interim earnings, revenue increase despite many headwinds

JSE-listed paper and plastic packaging manufacturer Mpact has reported an improved trading performance for the six months ended June 30, with group revenue for the period having increased by 5.2% year-on-year to R5.7-billion. The company attributed this to strengthened local demand for both container board and carton board, as well as good growth in new product sales – despite overall sales volumes having decreased by 1% in the period under review.

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