Mpact Limited (MPT.JO) Income Statement Analysis – Financial Results

About Mpact Limited

Mpact Limited engages in the paper and plastic packaging and recycling business in South Africa. It operates through Paper and Plastics segments. The company manufactures recycled-based packaging and industrial paper grades, such as containerboards and carton boards; and a range of printed and unprinted converted corrugated products, including boards for use in the manufacture of corrugated packaging, corrugated boxes, die-cut cases, folded glued cases, trays, and point-of-sale displays, cups, lids, and bags. It also sells Mondi ProVantage Baywhite white top kraftliner and Mondi ProVantage BayKraf kraftliner products; and recycles paper through various recovered paper sources comprising pre-and post-consumer materials. In addition, the company manufactures various plastic packaging products, such as polyethylene-terephthalate (PET) preforms, bottles, and jars; closures for food and beverage, household, and chemical markets; plastic jumbo bins, wheelie bins, and pallets and crates; FMCG rigid plastic packaging products; polystyrene and PET trays; and vinyl films. It offers packaging and industrial paper products to corrugated board and box producers, and other containerboard converters; carton boards to folding carton and other producers of industrial products, as well as users of cards and book covers; corrugated products to producers of agricultural, fast moving consumer goods, and other durable and non-durable goods; and plastic packaging products to food, beverage, personal care, home care, pharmaceutical, agricultural, and retail markets. The company is headquartered in Johannesburg, South Africa.