Quantum Foods, the Western Cape-based poultry- and animal-feeds business, said on Monday that its full-year earnings to end-September would drop at least 42% due to falling egg prices.
It also said profitability had improved in its farming business, due to improved production efficiencies. Roughly one-third of the company is exposed to a risky element, namely eggs, but the company was well managed and other business units were performing well, said Clark.
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