Financials & Economy
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Rising costs slash Honeywell Flour Mills’ bottom-line performance by 188%
NIGERIA – Leading wheat-based products manufacturer in Nigeria, Honeywell Flour Mills Plc, has reported a N983.8 million (US$2.3m) full year loss, representing a 188% decline…
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Quantum Foods report 41% decline in HEPS despite rise in revenue triggered by high costs
SOUTH AFRICA – Quantum Foods, South African animal feeds and poultry producer, has reported 7% rise in group revenue in the six months ended March…
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Nampak more than doubles headline earnings per share on improved performance across all segments
SOUTH AFRICA – Africa’s leading diversified packaging manufacturer, Nampak, has reported a 24% rise in revenue to R8.1 billion (US$520m) in the six months ended…
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Tiger Brands’ volume growth in international markets offset by decline in domestic performance
SOUTH AFRICA – South Africa’s largest food manufacturer, Tiger Brands, has registered a marginal rise in top line performance, posting 2% increase in half year…
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Carlsberg Malaysia appoints Seri Chor Chee Heung as chairman, reports growth of 37.8% revenue in Q1
MALAYSIA – Carlsberg Brewery Malaysia has announced the appointment of Tan Sri Dato’ Seri Chor Chee Heung as Chairman of the Group succeeding Datuk Toh…