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Home News Forex & Commodities

Nampak suffers big losses in forex as debt pile grows

admin by admin
December 5, 2022
in Forex & Commodities
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The packaging company’s push into the rest of the continent has resulted in a debt pile of R5.2bn by end-September

05 December 2022 – 12:46 Nico Gous

The profit of packaging company Nampak plunged in its 2022 year as it experienced big losses in forex despite revenue increasing more than one fifth as it faces a mounting debt pile.

The company, valued at R1.06bn on the JSE, reported on Monday in its…



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