Afrimat reports lower operating profit but expects improvement going forward
Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the 2024 financial year to R8.3-billion in the financial year under review, with the inclusion of the Lafarge business.
Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the 2024 financial year to R8.3-billion in the financial year under review, with the inclusion of the Lafarge business.
