Insimbi Industrial Holdings Limited (JSE:ISB) said it intends to sell its plastics business in a bid to streamline its operations, expecting all relevant processes to be finalised by the end of August 2022. The group, valued at ZAR 400 million on the JSE, has a plastics business that manufactures containers for various industries including the chemical, agricultural and food industries. It contributed less than 1% of Insimbi's ZAR 6.06 billion revenue for the year to end-February.
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5-day change | 1st Jan Change | ||
0.79 ZAR | -1.25% |
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+5.33% | -23.30% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-23.30% | 15.75M | |
-.--% | 7.66B | |
-32.80% | 5.22B | |
-8.38% | 3.6B | |
-1.36% | 3.44B | |
-28.01% | 3.41B | |
+14.42% | 3.38B | |
-23.78% | 3.2B | |
-28.43% | 2.17B | |
+18.55% | 1.83B |
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