ASTRAL FOODS LTD (ARL) Results Snapshot 1H22

Diluted HEPS 1405 cps (+136.9% y-y).
Turnover growth +26.5% y-y.
Total dividend of 790cps (1H21: 300cps).
GPM increased by 400bps to 22.2%.
Operating margin increased by 380bps to 8.3%
PBT% increased by 400bps to 8.2%
CAPEX spend slowed down to 1.0% to sales (1H21: 1.6%).
Poultry division grew revenue by +28.6% y-y
Africa division grew revenue by +47.5% y-y