Mpact declares dividend, remains resilient in tough environment

JSE-listed paper and plastics packaging business and recycler Mpact saw revenue decrease by 1.1% to R6.17-billion during the half-year period to June 30, down from R6.24-billion in the comparable 2023 interim period, primarily owing to a 2.1% decrease in sales volumes. However, the company increased its net asset value (NAV) a share by 9% to R34.11.