News Formal

Astral slashes interim dividend as earnings fall

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Feed price and production cost increases could not be recovered by increasing sales due to consumers’ inability to absorb price increases, company says

Poultry producer Astral Foods has cut its half-year dividend by 53% after higher costs and lower selling prices dented profits.

The company said on Monday it will pay an interim dividend of R4.75 a share, versus R10 a year before. The group said poultry imports remain high, equating to about 38% of local production, or an average of 41,771 tons a month.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Steinhoff falls 15% as market reacts to glum 2017 earnings reportThe Stellenbosch-headquartered retail conglomerate published its long-delayed 2017 earnings late on Tuesday. Fin24 Seriously? Thought this shitstock Steinhoff was on 0 already? Buying this now is like voting for the ANC.
출처: News24 - 🏆 4. / 80 더 많은 것을 읽으십시오 »

Vodacom earnings fall 6.6% on black share schemeOne of South Africa's biggest mobile phone operator Vodacom reported a 6.6% drop in full-year earnings due to one-off costs related to a share scheme offered to black investors.
출처: TimesLIVE - 🏆 28. / 59 더 많은 것을 읽으십시오 »

BUSINESS MAVERICK: Investor’s dalliance with dividendsThe appeal of the money-making proposition seems simple and safe: invest in the highest dividend-paying company and sit back and relax, while your monthly cheques roll in. But no. In ensuring a consistent and continuous income stream you’ll have to dig much deeper than that.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »