JSE-listed poultry products company Rainbow Chicken expects its earnings per share (EPS) for its financial year ended June 28 to be between 122% and 142% higher year-on-year at between 141.87c and 154.68c, compared with the EPS of 64.04c reported for the prior financial year. Similarly, it expects headline earnings per share (HEPS) for the financial year to be 118% to 138% higher year-on-year at between 143c and 156.12c, compared with the HEPS of 65.57c in the prior financial year.

Rainbow Chicken attributes expected surge in earnings to improved demand and lower commodity costs

JSE-listed poultry products company Rainbow Chicken expects its earnings per share (EPS) for its financial year ended June 28 to be between 122% and 142% higher year-on-year at…