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Thursday, January 26, 2023
South African poultry processor Astral Foods expects 90% plunge in mid-year profit
Astral Foods, one of South Africa's largest poultry companies, said it expects a 90% drop in mid-year profits due to rolling power cuts in the country that have affected production and increased input costs, IOL reported.
Saturday, September 19, 2020
South Africa's Astral Foods sees 25% decline in earnings for FY2020
Astral Foods of South Africa said in a trading update on Monday, Sept. 14, that it expects its earnings per share (EPS) for financial year 2020 (ending September 2020) to decline by up to 25% from the previous year, dented by costs in manag ...
Wednesday, November 20, 2019
South Africa poultry producer Astral Foods reports lower profits due to drought
November 20, 2019 South Africa poultry producer Astral Foods reports lower profits due to drought The company, which also produces livestock feed, reported 55% lower full-year profits as increased feed costs because of the drought have affe ...
Thursday, May 16, 2013
Astral Foods reports 82% drop in earnings
May 16, 2013 Astral Foods reports 82% drop in earnings Due to imports which have flooded the market and feed prices which have jumped by more than one-fifth, Astral Foods' earnings for the last six months have dropped by 82%. The significan ...
Wednesday, October 10, 2012
Astral Foods launches MOZPINTOS broiler hatchery in Mozambique (Press release)
October 10, 2012 Astral Foods launches MOZPINTOS broiler hatchery in Mozambique   Press release     Astral Foods Limited announces the opening of its MOZPINTOS broiler hatchery on Friday (Oct 5) which was officially opened by Maria Elias Jo ...
Wednesday, May 16, 2012
High feed costs affect Astral Foods' profit
May 16, 2012 High feed costs affect Astral Foods' profit Astral Foods' profit in the six months ended March has been eaten by high corn and soya prices plus a ZAR17 million (US$2 million) provision for an anticompetitive conduct settlement, ...
Wednesday, September 22, 2010
South Africa's Astral Foods feels the pinch from chicken price drop
September 22, 2010 South Africa's Astral Foods feels the pinch from chicken price drop South African poultry producer, Astral Foods, has had a tough six months as weak consumer spending has caused retail prices of poultry meat to decline. A ...
Tuesday, June 15, 2010
South Africa's Astral Foods opens new breeding farm
June 15, 2010 South Africa's Astral Foods opens new breeding farm South African poultry producer Astral Foods had opened TIGERChicks, its new high-tech broiler breeding farm and hatchery in the southern African country. "We have been involv ...
Wednesday, May 19, 2010
Astral Foods recovers after 4% revenue drop
May 19, 2010 Astral Foods recovers after 4% revenue drop   South Africa's Astral foods gains 12% in the interim dividend for the period ending March 2010 after enduring a tough 6 months, especially on the poultry side, dropping 4% turnover ...
Friday, November 20, 2009
Astral Foods full year revenue up eight percent
November 20, 2009 Astral Foods full year revenue up eight percent South Africa's Astral Foods Limited saw its revenue up eight percent on-year to ZAR8.8 billion from the year-ago level of ZAR8.2 billion. Operating profit increased six perce ...
Thursday, May 14, 2009
Astral Foods expects falling feed costs to boost profit
May 14, 2009 Astral Foods expects falling feed costs to boost profit                               Astral Foods Ltd., South Africa's second-largest chicken producer, said full-year profit will increase following declines in feed prices. The ...
Tuesday, November 18, 2008
Astral Foods profit plunges 39 percent
November 18, 2008 Astral Foods profit plunges 39 percent                    Astral Foods' profit for the year to September fell 39 percent to ZAR 334 million (US$32.7 million) due to lower consumption and sharp increases in production costs ...
Thursday, May 22, 2008
Astral Foods reports 11-percent decrease in first-half profits
May 22, 2008 Astral Foods reports 11-percent decrease in first-half profits South African animal feed and poultry company Astral Foods has reported a 11-percent decrease in operating profit in its first half-year. Revenue rose 29 percent fr ...
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