SOUTH AFRICA – RCL Foods has reported an annual headline earnings per share slump of 45%, attributing the dip to increased production costs, load-shedding, and the extra sugar levy it had to pay. The company, which reported its year-to-end-June results on 4 September on the Johannesburg Stock Exchange, said that its key businesses particularly Rainbow chicken, bakery, and pet-food businesses…
Read MoreRCL Foods posts 45% profit slump, attributes dismal performance to load-shedding, sugar levy
