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on November 22, 2016

Astral Foods reports drastic decline in poultry profits

Drop has largely due to an increase in chicken imports to South Africa

South Africa’s largest poultry meat company, Astral Foods, has reported a drop of more than 90 percent in operating profit from its poultry business for the financial year ended September 30, 2016. The fall has been largely attributed to an increase in chicken imports.

Total annual revenue by the…

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