Mondi rises due to profit hike

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MondiMerebank Reuters A general view of the Mondi paper factory is seen in Merebank in Durban.

Johannesburg - Shares of paper maker Mondi rise more than 2 percent after the firm says its underlying operating profit for the first quarter to end-March was up 13 percent from the same period last year.

It shares are up 2.22 percent at 184 rand. - Reuters

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