Paper and plastics packaging group Mpact has seen a plunge in first-half profit amid electricity disruptions and Covid-19 restrictions, but is optimistic that demand for some of its products will pick up a little over coming months.
Much of the group operated as an essential service during SA’s lockdown, however, some production lines were halted, including those for the quick-service restaurant industry and alcohol producers.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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