trending Market Intelligence /marketintelligence/en/news-insights/trending/L8BkePUgIdhMy1dW3qOv_Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Tiger Brands profit misses consensus by 17.2% in fiscal H1

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


Tiger Brands profit misses consensus by 17.2% in fiscal H1

Tiger Brands Ltd. said its normalized net income for the fiscal first half ended March 31 was 7.32 rand per share, compared with the S&P Capital IQ consensus estimate of 8.84 rand per share.

In the prior-year period, the per-share result was a profit of 7.25 rand.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.20 billion rand, an increase from 1.18 billion rand in the prior-year period.

Total revenue rose 6.6% year over year to 15.91 billion rand from 14.93 billion rand, and total operating expenses rose 8.0% from the prior-year period to 14.28 billion rand from 13.21 billion rand.

Reported net income rose on an annual basis to 1.34 billion rand, or 8.17 rand per share, from 602.0 million rand, or 3.68 rand per share.

As of May 20, US$1 was equivalent to 11.87 rand.