Friday, July 27, 2007

Tongaat sees H1 headline loss per share of 145 cts

(Reuters) - South African sugar group Tongaat Hullet (TH) expects a headline loss per share for the six months to end-June of 145 cents per share versus a headline profit per share of 283 cents per share a year-ago.

The company said on Friday the loss came about after accounting for expenses from restructuring the company by selling a stake to black investors and other costs.


Read more at Reuters Africa

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