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Auditor disclaimer and profit dip tank PPC – Business Day Live

Auditor disclaimer and profit dip tank PPC – Business Day Live

Cement maker PPC on Tuesday scrapped its dividend payment for the first time as it posted a sharp drop in profits in the interim period to March. SA’s largest cement manufacturer also made public a disclaimer stating that auditor Deloitte & Touche could not draw a conclusion on its ability to continue as a going concern. Victor Seanie comments.  view article

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