Agribusiness-focused investment holding group Zeder crept back to the black in the year ended February, as headline earnings per share (HEPS) improved to 0.8c from a loss of 12.1c the prior year.

The company said this was mainly due to the prior year decrease in the listed KAL Group share price at the date of unbundling in April 2022, countered by the net increase in the valuation of Zeder’s unlisted investments during the year...

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