Rhodes Food sees up to 95% increase in earnings

3rd May 2016 By: African News Agency

Rhodes Food sees up to 95% increase in earnings

Rhodes Food Group said on Tuesday that it expects an increase of 85% to 90% in headline earnings a share for the six months to the end of March.

The producer of convenience foods in fresh, frozen and long-life formats expects earnings of between 49.4c and 50.7c, up from 26.7c in the previous corresponding period.

The full results are expected on May 23.