The interim profit of feed and poultry producer fell more than four-fifths
The interim profit of feed and poultry producer Quantum Foods plunged after what it described as its “most challenging” since listing on the JSE in 2014.
The company, valued at R882m on the JSE, saw its profit fall more than four-fifths year on year to R5.7m despite gross profit, revenue minus the cost of sales, growing nearly one-fifth to R593.6m in its results for the six months to end-March...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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