South Africa’s Tongaat narrows H1 loss as technique pays off

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South Africa’s Tongaat narrows H1 loss as technique pays off

JOHANNESBURG, Dec 11 (Reuters) - South Africa's Tongaat Hulett TONJ.J narrowed its interim earnings


JOHANNESBURG, Dec 11 (Reuters)South Africa’s Tongaat Hulett TONJ.J narrowed its interim earnings loss as its turnaround technique bore fruit and a powerful efficiency from all of its sugar operations, the sugar producer stated on Friday.

Tongaat narrowed its headline loss per share for persevering with operations for the six-months ended Sept. 30 to four cents per share from 383 cents throughout the identical interval a yr earlier.

(Reporting by Tanisha Heiberg; Modifying by Sam Holmes)

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