South Africa’s largest chicken producer ready for a major win

• Astral Foods forecasts its earnings per share for the year ended 30 September to be between 4,324 cents and 4,552 cents, a 90% to 100% increase from the prior year.
• The company expects similar growth in its Headline Earnings Per Share (HEPS), which a 95%-105% increase.
• Astral Foods' share price has risen by roughly 1.3% to 20,548 cents as of 11 AM on the day after its trading update was published.