South Africa's Tiger Brands' half-year profit rises more than expected
The owner of Jungle Oats and Koo baked beans said its headline earnings per share from continuing operations, a key profit measure in South Africa, rose by 34% to 10.21 rand in the six months ended on March 31, from 763 cents a year ago.
SBG Securities had estimated a rise of 24%. Tiger Brands also declared an interim dividend of 415 cents per share.
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