:. Food Industry News

Categories: Corporate Results

South Africa: Tongaat-Hulett Sees H1 Profit from Ops up 44 pct

Source: Reuters
24/07/2008

Johanneburg, July 23 - South African sugar group Tongaat-Hulett said on Wednesday it expects its first-half profit from operations to increase by 44 percent to 443 million rand.

Daily News Alerts

The group said the profit for the six months to end-June came from its sugar and starch operations, and its land and property development.

"Increased profit contributions came from the sugar operations in Mozambique, Swaziland and Zimbabwe," Tongaat said in a statement.

The firm said its South African operations were under increased pressure because of a small crop in 2007 and lower exports.

It will release its interim results on August 4.



GO   View more articles on this subject

Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Illovo Sugar Says H1 Headline EPS Up 35 pct
AGRANA: After Raw-Materials-Induced Loss in First Six...
AGRANA Issues Production Forecasts for Sugar, Potato...
Austria: Prudential plc Increases Stake in Agrana to...
Agrana Acquits Itself Well in Difficult 2007-08 Financial...
AGRANA Preliminary Results for the 2007|08 Financial...
South Africa's Illovo Repossesses Sugar Mill
Illovo Sugar Limited - Trading Update
AGRANA - Revenue up 3% - Operating Profit of Euro...
EFG Fund Seeks Egypt Food Shares Worth $31 Million...

More in Food Industry News
FDA Reports Significant Progress in Protecting the...
Colruyt Issues Interim Financial Report; Revenues Rise...
UK: Bidders Circle Troubled Woolworths
UK: Confectionery Firm Zetar Could Lose 3% of Turnover...
Ardo Confirms Take-Over of Austria Frost
Carrefour Still Planning Indian Joint Ventures
First Burger King Restaurant Opens in Czech Republic
Hong Kong Sets Maximum Standards for Melamine in Food
Drought Sends Saffron Price Skyrocketing
Thai Govt to Sell 1.37 Million Tonnes Rice Stocks

Top Headlines
FDA Reports Significant Progress in Protecting the...
Colruyt Issues Interim Financial Report; Revenues Rise...
UK: Bidders Circle Troubled Woolworths
UK: Confectionery Firm Zetar Could Lose 3% of Turnover...
Ardo Confirms Take-Over of Austria Frost
Oil-and-Fat Composition for Spray, and Method for Production...
Carrefour Still Planning Indian Joint Ventures
Hong Kong Sets Maximum Standards for Melamine in Food
Drought Sends Saffron Price Skyrocketing
Thai Govt to Sell 1.37 Million Tonnes Rice Stocks
Aryzta Q1 Revenue up 32 pct
China Lifts Price Controls on Food -NDRC
SABMiller Looks for Growth in India's Beer Market
Massachusetts Firm Recalls Ready-To-Eat Frozen Beef...
Singapore Food's Majority Shareholder in Talks to Sell...
Coke's Europe Chief Sees Slower Growth Amid Crisis
FDA Defends U.S. Infant Formula; Sets Safe Level
Russia's X5 Retail Group Q3 Net Loss $14.7 Mln
Canada: Health Authorities Say Milk Formula Safe Despite...
Taste Potentiator Compositions in Oral Delivery Systems
Enzyme Preparations Yielding a Clean Taste
T1R1 Receptor Binding Assays for Identification of...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228