Proplastics forecasts improved Q4 volumes

During the period under review, the group registered a four percent decline in sales volumes to 4,800 tons, resulting in a 10 percent decline in revenue to US$14,522 million compared to US$16,163 million in the previous year.

PLASTIC and pipes manufacturer, Proplastics Limited (Proplastics) expects volumes to significantly recover in the fourth quarter thanks to increased plant capacity from newly installed machinery.AdvertisementsThis comes after production volumes declined by five percent in the nine months to September 30, 2024 due to power outages that impacted factory efficiencies compared to the previous period.Nationwide power…

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