South African poultry processor Astral Foods has said its half-year earnings are likely to have jumped by a third.
The company said yesterday (19 April) that improved efficiency and “advantageous” feed costs meant its headline earnings per share was estimated to have rise by 28-33% in the six months to the end of March.
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Astral made the forecast in a trading update to the Johannesburg stock exchange. It will report its full first-half figures on 16 May.
