Goldi owner Astral Foods sees a 440% earnings leap as it puts bird flu behind it

Astral Foods has reported interim earnings at the upper end of guidance as it put a devastating bird flu outbreak behind it and benefitted from load shedding improvements and reduced diesel costs.

SA’s largest poultry producer had flagged a more than fivefold increase in headline earnings per share of between 435% and 445% in April, but Monday’s results for the half year to 31 March saw it delivering a 441% increase in basic headline earnings per share to 884c.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

Source: News Formal (newsformal.com)

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