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S.Africa's Tiger Brands flags H1 profit rise of up to 55%

05/13/2021 | 03:57am EDT
A couple leaves Tiger Brands factory shop in Germiston, Johannesburg

JOHANNESBURG (Reuters) - South Africa's biggest food producer Tiger Brands said on Thursday it expects its half-year profits to rise by up to 55% versus a year earlier.

Its headline earnings per share - the main profit measure in South Africa - in the six months to March 31 would likely be between 724 and 758 cents, it said, compared to 489 cents a year earlier.

724-

(Reporting by Emma Rumney; editing by Jason Neely)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
DOW JONES AFRICA TITANS 50 INDEX 0.46% 514.99 Real-time Quote.-4.82%
DOW JONES SOUTH AFRICA(ZAR) 1.33% 1971.57 Real-time Quote.-1.99%
S&P AFRICA 40 INDEX -0.01% 166.02 Real-time Quote.-6.17%
TIGER BRANDS LIMITED 0.05% 147.12 End-of-day quote.-18.72%
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