JSE-listed poultry producer Astral Foods has warned investors that its earnings for the six months to 31 March 2023 will be less than pleasing with a slump of as much as 92%. In a trading statement released on Wednesday, Astral said it has “reasonable certainty” that both earnings per share and headline earnings per share will decrease by between 87% and 92% in the half year.
In the prior comparable period, the group reported an EPS of 1 456 cents and Heps of 1 420 cents. The owner of County Fair chicken had flagged a severe slide in earnings in January when it issued a voluntary trading update cautioning about of an expected market deterioration brought on by high input feed costs, crippling load shedding and worsening municipal infrastructure.
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NOMQHELE DUBE AND TANAKA CHIGUVARE: SA fishing industry poised for growth amid global declineThe fishing economy provides jobs for about 58,000 South Africans and is a sizeable source of foreign exchange
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »