Edition:
India

RCL Foods Ltd (RCLJ.J)

RCLJ.J on Johannesburg Stock Exchange

925.00ZAc
3 Aug 2020
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1.00 (+0.11%)
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Latest Key Developments (Source: Significant Developments)

RCL Foods Sees FY HEPS To Be At Least 30% Lower
Monday, 8 Jun 2020 

June 8 (Reuters) - RCL Foods Ltd ::JSE: RCL - TRADING STATEMENT - YEAR ENDING JUNE 2020.RCL FOODS LTD - SEES HEPS FOR YEAR ENDING JUNE 2020 TO BE AT LEAST 30% LOWER.RCL FOODS LTD - COVID-19 PANDEMIC HAS HAD A SIGNIFICANT IMPACT ON GROUP'S RESULTS.RCL FOODS LTD - CHICKEN AND VECTOR OPERATIONS HAVE BEEN MOST AFFECTED DUE TO SHUTDOWN OF QUICK-SERVICE RESTAURANT INDUSTRY.RCL FOODS LTD - REMAINS WELL CAPITALISED AND IS MANAGING LIQUIDITY AS A PRIORITY DURING PANDEMIC.  Full Article

RCL Foods Says Entered Management Services Agreement With Siqalo Foods Proprietary
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - RCL Foods Ltd ::SMALL RELATED PARTY TRANSACTION.RCL FOODS AND SIQALO FOODS PROPRIETARY LIMITED HAVE ENTERED INTO A MANAGEMENT SERVICES AGREEMENT.RCL FOODS SHALL BE APPOINTED TO MANAGE AND ASSIST SIQALO IN ITS DAY-TO-DAY BUSINESS OPERATIONS BY PROVIDING AGREED MANAGEMENT SERVICES.UNIT WILL ALSO ENTER INTO A SERVICES AGREEMENT WITH SIQALO IN ORDER TO PROVIDE AN INTEGRATED LOGISTICS SERVICE TO SIQALO.IN CONSIDERATION FOR SERVICES SIQALO SHALL PAY CO MANAGEMENT FEE OF R134 MILLION PER ANNUM.  Full Article

RCL Foods Posts FY Revenue Up 5.5%
Monday, 2 Sep 2019 

Sept 2 (Reuters) - RCL Foods Ltd ::FY FINAL DIVIDEND DECLARED DOWN 60.0% TO 10.0 CENTS.FY REVENUE UP 5.5% TO R25,9 BILLION.FY HEADLINE EARNINGS PER SHARE (HEPS) DOWN 60.8% TO 37.9 CENTS."HIGHER PROPORTION OF OUR FUTURE PRODUCTION IS EXPECTED TO BE EXPORTED AT SIGNIFICANTLY LOWER MARGINS".PERFORMED A DETAILED IMPAIRMENT REVIEW ON SUGAR CASH-GENERATING UNIT.FY LOSS PER SHARE 12.7 CENTS.FY EPS LOWER THAN HEPS LARGELY DUE TO R761,9 MILLION (R552,5 MILLION POST-TAX) IMPAIRMENT IN SUGAR BUSINESS.  Full Article

RCL Foods HY HEPS Of 54.8 Cents
Monday, 4 Mar 2019 

March 4 (Reuters) - RCL Foods Ltd ::HY HEADLINE EARNINGS PER SHARE 54.8 CENTS.HY REVENUE R13,3 BILLION UP 3.5%.INTERIM DIVIDEND PER SHARE 15.0 CENTS."EXPECT TRADING CONDITIONS TO REMAIN CHALLENGING DUE TO SOUTH AFRICA'S POOR ECONOMIC OUTLOOK".DESPITE EXPECTED ECONOMIC HEADWINDS, STRONG BALANCE SHEET AND CASH FLOW GENERATION POSITIONS CO WELL.  Full Article

RCL Foods Posts FY HEPS Of 96.8 Cents
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - RCL Foods Ltd ::FY REVENUE 24.43 BILLION RAND VERSUS 24.95 BILLION RAND.FY HEADLINE EARNINGS PER SHARE 96.8 CENTS.HEADLINE EARNINGS FOR YEAR ENDED JUNE 2018 INCREASED 52.7% TO R837,7 MILLION.RESOLVED TO DECLARE A FINAL GROSS CASH DIVIDEND OF 25.0 CENTS PER SHARE.TRADING CONDITIONS WILL CONTINUE TO BE CHALLENGING AND FIGHT FOR MARKET SHARE WILL REMAIN FIERCE.EXPECTING RECENT MODEST RECOVERY IN MARKET VOLUMES TO CONTINUE.LOGISTICS WILL CONTINUE TO SEEK NEW BUSINESS AND REDUCE COSTS.  Full Article