Drought and weak economy drives Crookes Brothers’ profit down

The South African agricultural company Crookes Brothers announced in its interim results for 2017 that its profit after tax declined by 70% to R26.4 million from R89.4 million in 2016. According to the company the decrease was “driven mainly by a decrease in sugar revenue and a write down in…

Continue Reading Drought and weak economy drives Crookes Brothers’ profit down

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