on September 5, 2019
Poultry, sugar reined back RCL Foods’ profits
Profitability down 25% for South African company
Despite achieving an increase in total revenue, South African agrifood group RCL Foods reports a fall of more than 25% in overall profitability for the past fiscal year, reflecting major challenges faced by its poultry and sugar businesses.
For the fiscal year to June 2019, revenue by RCL Foods totaled…