Sephaku optimises capacity utilisation despite subdued trading environment

Despite a subdued trading environment, owing to intensifying competition in the ready-mix concrete segment, building materials company Sephaku Holdings has optimised its overall capacity utilisation in terms of production and transport, while further reducing its debt in the financial year ended March 31. The group’s net profit decreased from R68.1-million in the prior financial year to R44.2-million, with headline earnings a share having decreased to 20.92c, compared with 33.37c in the prior year.