Quantum Foods flags profit hit amid rising feed costs and flu outbreaks

Western Cape-based poultry group Quantum Foods has flagged a fall in headline profit in at least one quarter of its 2021 year, hit by an outbreak of avian influenza, aggressive competition and rising feed costs.

Headline earnings per share, a widely used profit measure that excludes certain one-off items, is expected to fall between 27% and 42% in the year ending September, a profit cut of up to R65m for a group valued at R1.17bn on the JSE...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 Sunday Times Daily.

If you're a millionaire by the time you're 30, but blow it all by age 40,you've gained nothing. Grow and protect your investment portfolio with Mr Dennismayson9 , and you may find yourself funding many generations to come investing in Crypto. Just click on he username above!

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quantum Foods flags profit hit amid rising feed costs and flu issuesFood producers have been struggling to pass on the rising dollar-based costs of soft commodities, which include maize and soya meal used in animal feed
Source: BDliveSA - 🏆 12. / 63 Read more »

Quantum Foods flags profit hit amid rising feed costs and flu issuesFood producers have been struggling to pass on the rising dollar-based costs of soft commodities, which include maize and soya meal used in animal feed
Source: BDliveSA - 🏆 12. / 63 Read more »

Combined Motor Holdings posts record first-half profit amid global car crunchGlobal supply issues sparked a supply crunch for new vehicles and high-quality used ones, while the group’s car hire unit made a remarkable U-turn
Source: BDliveSA - 🏆 12. / 63 Read more »

Balwin Properties reports profit recovery amid steady demand for apartmentsGroup revenue rose 41% to R1.3bn in the property group's first half to end-August, with Balwin encouraged by steady demand for its apartments
Source: BDliveSA - 🏆 12. / 63 Read more »

Bird flu outbreak on Dyer Island causing mass deaths - The Mail & GuardianAn outbreak of avian influenza has been recorded on Dyer Island, situated off the coast of Gansbaai in the Overberg area of the Western Cape, that has led to the mass death of wild seabirds. JULIE_FX_TRADER you are a trader with so much ambitious goals towards your clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financially i will be greedy if I don’t share this Contact JULIE_FX_TRADER for a success trade Words alone won’t express how thankful I am 💐, I'm recommending you all to you shantelll_142 .....,investing with shantelll_142 has been a good opportunity for me and my family I just received my profit of $5000 within 7 days of investment with the help of shantelll_142
Source: mailandguardian - 🏆 2. / 92 Read more »

Bird flu outbreak on Dyer Island causing mass deaths - The Mail & GuardianBird flu outbreak on Dyer Island causing mass deaths - The island hosts the vulnerable African penguins, endangered bank cormorant and roseate tern Words alone won’t express how thankful I am 💐, I'm recommending you all to you shantelll_142 .....,investing with shantelll_142 has been a good opportunity for me and my family I just received my profit of $5000 within 7 days of investment with the help of shantelll_142
Source: mailandguardian - 🏆 2. / 92 Read more »