Sugar and glucose producer Tongaat Hulett’s share price on the JSE rose by more than 9% on Wednesday morning following the release of an operational update for the six months ended September 30. The company said it expected to report a 70% year-on-year increase in operating profit for the six-month period, as a result of the “excellent performance” from all the sugar operations and good overall business momentum, which it said reflects continued progress with the business turnaround strategy.
from Engineering News | Home https://ift.tt/3lxjMAy
