Astral profits halve amid water disruptions
Load-shedding, the implementation of the minimum wage and a strike at its KwaZulu-Natal poultry operations also contributed to extraordinary costs of about R223m
18 November 2019 - 07:47
SA’s largest poultry producer, Astral Foods, said on Monday deteriorating municipal infrastructure that caused a water crisis at its Standerton facility resulted in a halving in profit for its year to end-September.
Load-shedding, the implementation of national minimum wage legislation, the water disruptions and a strike at its KwaZulu-Natal poultry operations resulted in extraordinary costs of about R223m during the period under review...
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