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Rising USD will benefit TAFL
Do not under estimate the performance of the TAFL. The most stable profit earner in bad times as well as in good times. The other important factor is the rising USD will benefit TAFL bottom line substantially.
See what was the CEO's view of exports of TAFL.
Quote
QR - 30/06/15
The Group performance has improved during the period under review as a result of increased demand and robust market prices for Broiler Day Old Chicks despite poorer demand for Layer Day Old Chicks due to volatile market for table eggs. Furthermore, the sustained good productivity in commercial farm operations and the increase in export sale of Parent Stock Day Old Chicks to regional countries contributed positively towards the performance.
QR 31/03/15
The Group’s revenue decreased as a result of poorer demand for Layer Day Old Chicks due to volatile market for table eggs, which were offset by improved revenue from its commercial farm operations and the increase in export sales of Parent Stock Day Old Chicks to regional countries.
Un quote[/quote]
Credit Goes to SH
Do not under estimate the performance of the TAFL. The most stable profit earner in bad times as well as in good times. The other important factor is the rising USD will benefit TAFL bottom line substantially.
See what was the CEO's view of exports of TAFL.
Quote
QR - 30/06/15
The Group performance has improved during the period under review as a result of increased demand and robust market prices for Broiler Day Old Chicks despite poorer demand for Layer Day Old Chicks due to volatile market for table eggs. Furthermore, the sustained good productivity in commercial farm operations and the increase in export sale of Parent Stock Day Old Chicks to regional countries contributed positively towards the performance.
QR 31/03/15
The Group’s revenue decreased as a result of poorer demand for Layer Day Old Chicks due to volatile market for table eggs, which were offset by improved revenue from its commercial farm operations and the increase in export sales of Parent Stock Day Old Chicks to regional countries.
Un quote[/quote]
Credit Goes to SH
