| Real-time USA 11:26:45 2024-05-01 am EDT | 5-day change | 1st Jan Change | ||
| 201.8 PTS | -1.24% |
|
-2.98% | -6.80% |
| Apr. 30 | Trending : Coca-Cola's First-Quarter Tops Street Views | DJ |
| Apr. 29 | AGS Week Ahead : Positive Mood as Brazilian Real Gains Against Dollar Ahead of Busy Week | DJ |
JOHANNESBURG (Reuters) - South African food producer RCL on Monday posted a 45.7% drop in annual profit on the back of a levy raised by the country's sugar regulator, rolling power cuts and unrecoverable feed costs in its chicken farming arm.
The company reported a headline earnings per share from continuing operations - a profit measure - of 60.6 cents for the year ended June, down from 111.5 cents posted one year earlier.
Its Vector Logistics segment was disclosed as a discontinued operation for the end of the 2023 financial year, therefore profits from continuing operations are a more precise measure for the year.
(Reporting by Tannur Anders; Editing by Jacqueline Wong)
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