Despite Covid-19, the lockdown and unusually high levels of rainfall in the last quarter of year ended 28 February 2021, manufacturer and supplier of bricks, Brikor Limited (JSE: BIK) substantially increased profit after taxation to R12,0 million (2020: 1,5 million) and gross profit to R65 million (2020: R62,5 million).
Brikor Limited (BIK), listed on the JSE, is a manufacturer and supplier of building and construction materials which also mines clay and coal.
Reports of the demise of the construction industry in South Africa are greatly exaggerated, says construction giant Grinaker-LTA.
Further to Italtile’s binding offer ("Binding Offer") on 16 July 2016 to Ceramic, to acquire up to a further 74.5% of Ceramic´s issued share capital ("the Acquisition"), and as advised in the announcement published on SENS on 22 August 2017.
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, PPC wishes to announce that the Company and the CEO have agreed to part ways.
JSE civils and construction group, Esor, faced another challenging year to February 2017 with a mixed bag of highlights and lowlights.
Human error at Computershare is responsible for the approval of two resolutions that would have awarded some of PPC's BBBEE shareholders 4.4m shares in PPC at no cost.