Tiger Brands H1 profit rise
South Africa’s biggest food producer Tiger Brands said on Thursday half-year profit rose by 21%, supported by strong revenue growth in the first quarter and resumed an interim dividend of 320 cents a share.
Headline earnings per share – the main profit measure in South Africa – from continuing operations rose to 741 cents in the six months to March 31, it said, compared with 613 cents a year earlier.
Source: moneyweb.co.za