News Formal

Astral Foods warns of big drop in headline earnings as power cuts wreak havoc

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Brasil Notícia Notícia

The price of producing a chicken currently exceeds the selling price by R2/kg, the poultry group said

Poultry producer Astral Foods expects a huge drop in its headline earnings in its next half-year results, because of load-shedding as it looks to recover input costs by hiking selling prices.

The company, valued at R6.85bn on the JSE, said in an update on Wednesday headline earnings per share , a profit measure that strips out impairments and one-off items, will fall by 90% year on year to 142c for the six months end-March...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Astral Foods warns of big drop in headline earnings as power cuts wreak havocThe price of producing a chicken currently exceeds the selling price by R2/kg, the poultry group said
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Load shedding decimates South African chicken businessAstral Foods says its poultry business has been significantly compromised.
Fonte: BusinessTechSA - 🏆 24. / 61 Consulte Mais informação »