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Country Bird posts earnings drop

Feb 21 2012 17:00 I-Net Bridge

Company Data

Country Bird Holdings Ld [JSE : CBH]

Last traded R4.75
Change R0.09
% Change 1.93%
Cumulative volume 16,261
Market cap R959.83m

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - Poultry producer Country Bird Holdings [JSE:CBH] on Tuesday posted a 45% drop in diluted headline earnings per share in the six months to December 2011 to 17.84 cents, from 32.71c in the prior comparable period.

Revenue was up 14% to R1.61bn while operating profit dropped 31% to R77.9m, affected by a nine-week strike at Supreme Poultry's Botshabelo plant during July, August and September.

 
 
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