Food group AH-Vest expects profit rise
The group has reported strong demand for its condiments even after a Covid-19 disruption to supply chains
22 February 2021 - 14:07
Micro-cap food group AH-Vest, which produces tomato sauces and other condiments, says it expects a bump in interim profits after improving production and controlling costs.
The maker and distributor of All Joy tomato and Veri Peri sauces said headline earnings per share, a widely-used profit measure that excludes one-off items, was expected to rise between 48% and 58% in the six months to end-December — or a rise of as much of R2.08m...
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