(Bloomberg) -- Pretoria Portland Cement Co., Africa's biggest maker of the building material, said first-half profit rose 18 percent as South African economic growth boosted construction.
Net income climbed to 586 million rand ($85 million), or 10.89 rand a share, in the six months ended March 31 from 497 million rand, or 9.24 rand, the year earlier, Johannesburg-based Pretoria Portland said in a statement today. Sales rose 19 percent, to 2.59 billion rand.
Read more at Bloomberg Emerging Markets News
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