Making all the right moves

2012-11-16 00:00

THE provincial sugar industry has rebounded well from the 2011 drought-stricken season, with Illovo Sugar having successfully re-established cane-planting in certain areas.

Illovo yesterday reported seasonal headline earnings per share growth of 30,5% to 82,1 cents for the six months ended September 30, on the back of 17% growth in sugar production. Sugar sales grew by 10% year on year.

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