Afrimat Limited
Afrimat Limited (AFT) is a construction materials manufacturer and supplier. The company manufactures aggregate stone, ready-mix concrete, molded concrete products and building blocks and bricks. AFT provides its products to the construction, railroad, road building, building and mining sectors. The company through its 16 subsidiaries, operates in Northern KwaZulu-Natal, Eastern Free State, Eastern and Western Cape, and Namibia, South Africa. The company is headquartered at Cape Town, South Africa.The company reported revenues of (Rand) ZAR 687.09 million during the fiscal year ended February 2009, an increase of 12.33% over 2008. The operating profit of the company was ZAR 95.05 million during the fiscal year 2009, a decrease of 30.68% from 2008. The net profit of the company was ZAR 57.70 million during the fiscal year 2009, a decrease of 39.23% from 2008.
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