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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Load shedding decimates South African chicken businessAstral Foods says its poultry business has been significantly compromised.
Источник: BusinessTechSA - 🏆 24. / 61 Прочитайте больше »