Zeder expects profits to almost halve due to Joy Wing Mau disposal
The agribusiness group disposed of its investment in the Chinese fruit distributor in 2018
09 April 2020 - 09:42
Agribusiness-focused Zeder Investments expects profits to almost halve in its year to end-February due the sale of its stake in Joy Wing Mau in 2018.
Headline earnings per share will fall by between 45.7% and 47.5% in its year to end-February from the 45.1c reported in the prior matching period, the group said in a trading update...
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