Tongaat share price jumps 10% on solid performance
Operating profit increases 491% to R3.3bn, which includes Zimbabwe hyperinflation
14 August 2020 - 10:41
The share price for sugar producer Tongaat Hullet climbed 10% on Friday after the group said its solid performance in the year to end-March reflects progress in its turnaround strategy and hyperinflationary effects in Zimbabwe.
“Tongaat Hulett continues to implement decisive steps to stabilise and restructure its businesses to become more profitable and sustainable,” the group said...
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