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Industry News & Trends / Business & Markets / Poultry Processing & Slaughter / Africa
on October 14, 2019

Astral Foods warns shareholders over lower earnings

South African company cautions that multiple factors are hurting its bottom line

Ahead of the presentation of the fiscal year results due next month, Astral Foods is warning shareholders that earnings per share (EPS) could be as much as 60% lower for this financial year than it was for the previous 12 months.

Among the factors that have adversely impacted profitability this…

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