JOHANNESBURG (Reuters) - South African food producer RCL Foods reported a 38.8% rise in ... that included selling its frozen food business Vector Logistics and spinning off and listing its Rainbow ...

RCL Foods, after a period of change that included ... and its view of the business’ lower risk profile. The disposal of Vector Logistics and the unbundling of Rainbow was successfully concluded.

RCL Foods has released its financial results for ... which was recorded as a non-cash gain in the results. The disposal of Vector Logistics in 2023 was already reflected in prior period reporting.

So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like RCL Foods (JSE:RCL). Even if this company is fairly valued by the ...

RCL Foods Limited operates as a food manufacturer in South Africa. It operates through Groceries, Baking, and Sugar segments. The company is involved in culinary, including mayonnaise, peanut ...

South African food producer RCL Foods reported a 38.8% rise in half-year earnings on Monday and declared its first interim dividend in two years, sending its shares up more than 8%.

South African food producer RCL Foods reported a 38.8% rise in half-year earnings on ... had been completing a portfolio review that included selling its frozen food business Vector Logistics and ...