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NEW DIRECTORS FOR RAINBOW’S BOARD

Rainbow Chicken announced that with effect from the 20 Nov 02 three new non executive directors have been appointed. The directors are Mr Nkateko Peter Mageza, Dr Munro Griessel and Mr J B Magwaza.

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Rainbow results for 6 months ended 30 Sep 02

Revenue was higher at R1 789.2m (R1 377.5m), operating profit increased to R115.71m 9R73.15m), and attributable profit was up to R66.68m (R46.57m). Basic EPS were at 25.9cps (18.2cps) and HEPS were at 32cps (17.7cps). The South African agriculture and food industry experienced moderate growth during the past six months driven by both exports and an

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Posted on

New directors for Rainbow’s board

Rainbow Chicken announced that with effect from the 20 Nov 02 three new non executive directors have been appointed. The directors are Mr Nkateko Peter Mageza, Dr Munro Griessel and Mr J B Magwaza.