The widely reported issues facing the domestic poultry industry have significantly decimated JSE-listed RCL Foods’ profits, with the company reporting a 21.9% decrease in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R900.4-million for the six months ended December 31. Related margin also declined to 6.9%.
Source: www.engineeringnews.co.za
Chicken imports contribute to 21.9% decrease in RCL Foods’ interim Ebitda
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