Mpact expects earnings to increase on the back of product demand

Ahead of the release of its audited financial results on March 7, paper and plastics manufacturer Mpact reports that its revenue for 2022 increased by about 7% to R12.4-billion, driven by paper demand and higher selling prices. In the paper business, good demand in containerboard and cartonboard continued in the second half of the year, while higher sales volumes were experienced in the paper converting business.

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