The share price of major food and logistics group RCL Foods rose by as much as 13.72% to touch R16.00 after the group announced its headline earnings per share were expected to increase between 15% and 27%, for the six months ended December 31 due to solid performances from all divisions.

The group expects HEPS of between 69c and 76c, compared to the reported HEPS of 59.7c in the same period in 2020...

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