News and analysis on the global poultry
and animal feed industries.
Coronavirus / Africa / Industry News & Trends / Business & Markets
on September 15, 2020

Astral Foods issues profit warning

Earnings per share expected to be down 25%

South African poultry company Astral Foods has warned that shareholder earnings will be substantially lower for the current year.

Additional costs to manage the risk of coronavirus (COVID-19) and to keep its workforce safe underlie the latest shareholder warning.

According to Astral Foods Limited, earnings per share (EPS) and…

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