Poultry producer Astral Foods expects a huge drop in headline earnings in its next half-year results due to load-shedding, as it looks to recover input costs by hiking selling prices. Business Day TV spoke to Astral Foods CEO Chris Schutte for more insight.
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Load shedding decimates South African chicken businessAstral Foods says its poultry business has been significantly compromised.
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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
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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
Leggi di più »