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ARL: Profit swung nearly ZAR 2 billion year-over-year, with all debt cleared and margins improved

ARL: Profit swung nearly ZAR 2 billion year-over-year, with all debt cleared and margins improved

Astral Foods LimitedNovember 20, 20243
ARL: Profit swung nearly ZAR 2 billion year-over-year, with all debt cleared and margins improved

About this update from Astral Foods Limited

A dramatic turnaround saw profit before tax swing nearly ZAR 2 billion year-over-year, with revenue up 6.4% and all debt cleared. Operational efficiencies, improved margins, and strong cash flow enabled a dividend, while spare capacity positions the group for future growth.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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