South Africa's Clover posts 41 pct jump in H1 earnings
JOHANNESBURG (Reuters) - South African food and beverage company Clover Industries reported on Tuesday a 41 percent jump in first-half earnings on higher product prices despite falling sales and market share. Clover, whose brands include Tropika juices, said headline earnings per share for the six months to December totalled 109.2 cents, from 77.3 cents in the year-ago period. Headline earnings are the main profit gauge in South Africa and exclude certain one-off items. ...
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