• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

Tongaat Hulett lifts earnings, output

May 28 2012 08:00

Company Data


Last traded 101
Change -2
% Change -2
Cumulative volume 138323
Market cap 0

Last Updated: 25-11-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Tongaat reports flat earnings

Tongaat profit hit by drought

Sugar farmers get funding

How to invest in food

Tongaat earnings seen easing


Johannesburg - Tongaat Hulett [JSE:TON] reported a nearly 11% rise in full-year earnings on Monday, boosted by an increase in sugar output and prices and said it expected production to grow further in the next season.

The agri-processing company said diluted headline earnings per share for the year to end-March totalled 819.4 cents from 739.6c a year ago.

Tongaat Hulett has interests in land management and property development, but its main business is sugar production and milling.

The company, which has operations in South Africa, Mozambique, Zimbabwe and Swaziland, said total sugar output rose 14% to 1.150 million tonnes.

It said sugar production was expected to increase by between 12% and 25% in the 2012/13 season.

Tongaat Hulett shares have gained 8% so far this year, compared with a 3% rise in Johannesburg’s All Share [JSE:J203] Index.

Tongaat shares rose 2.9% to R112.50 on Monday morning.

tongaat hulett  |  sugar


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote