Food producer and supplier Libstar reported its maiden results on Tuesday, noting a near 50% fall in headline earnings per share.  Low mushroom prices and foreign-exchange losses weighed on the groups profit. Its commercial and financial director, Robin Smith, joined Business Day TV for some perspective on the earnings and what it means for the direction of the company in future.

OR LISTEN TO THE AUDIO:..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.