S.Africa's Clover posts higher H1 earnings, to focus on local market
date:Mar 18, 2014
it will raise prices again this year to offset higher operating costs after its margins benefited from an increase in the previous year.

Compared to the previous corresponding period, this reporting period benefited from selling price increases implemented during January 2013 and July 2013 to recover higher costs driven by inflationary pressures, Clover said.

Chief executive Johann Vorster said higher earnings also stemmed from investments made in the expansion and cost-cutting project Cielo
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