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News24 | Goldi owner Astral Foods sees a 440% earnings leap as it puts bird flu behind it

Astral Foods has reported interim earnings at the upper end of guidance as it put a devastating bird flu outbreak behind it and benefitted from load shedding improvements and reduced diesel costs.

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S Africa s top poultry producer flags bird flu risk amid vaccine delays

South Africa remains at risk of bird flu due to delays in the roll-out of a broad vaccination program, the country s largest chicken producer, Astral Foods, said on Monday.

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Astral Foods Limited Reports Earnings Results for the Half Year Ended March 31, 2024

Astral Foods Limited reported earnings results for the half year ended March 31, 2024. For the half year, the company reported sales was ZAR 10,361.94 million compared to ZAR 9,963.8 million a year.

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Astral poultry division makes notable financial recovery in H1

JSE-listed integrated poultry producer Astral Foods has reported improved results for the six months ended March 31, on the back of its “reset, refocus and restart campaign” which was launched in response to significant losses incurred from loadshedding and avian influenza in the 2023 financial year. The group reports an operating profit increase of 461% to R550-million for the six months under review, compared with an operating profit of R98-million reported for the six months ended March 31, 2023.

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Health: S Africa s top poultry producer flags bird flu risk amid vaccine delays

Health: S Africa s top poultry producer flags bird flu risk amid vaccine delays
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