New equipment boosts Proplastics

AdvertisementsPIPING products manufacturer Proplastics says owing to efficiencies realised from plant modernisation efforts, gross profit margins for the nine months ended September 30, 2022 improved compared to the prior year. In a trading update, chairman Gregory Sebborn said profitability, which was hampered by exchange losses resulting from overdue payments to foreign creditors in the first…

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