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PPC reports 28% earnings rise, credits 'Awaken the Giant' strategy amid challenges.
PPC, a South African cement producer, reported a 28% rise in earnings despite a slight drop in revenues, attributing the success to its 'Awaken the Giant' strategy.
CEO Matias Cardarelli highlighted challenges like high production costs and competition from imports but remains optimistic about the construction market.
PPC is investing in new projects, including a new cement plant and a solar power plant.
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PPC reporta un aumento del 28% en las ganancias, acredita la estrategia "Despertar al gigante" en medio de desafíos.