Mondi rises, posts higher profits

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

Johannesburg - Shares of South African paper maker Mondi rise nearly 4 percent after the company posts higher full-year earnings and dividend, helped by growth in its packaging business.

The shares are up 3.78 percent at 190.92 rand. - Reuters


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