Sephaku posts net profit growth, but says cement market remains constrained

Building materials company Sephaku Holdings has posted a net profit after tax of R26.7-million for the six months ended September 30, building on the net profit after tax of R17.8-million it posted in the prior comparable six months. The group, comprising of Métier Mixed Concrete and Dangote Cement, or SepCem, says basic earnings a share increased to 10.51c, compared with a basic profit a share of 6.98c in the six months ended September 30, 2021.

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