RCLFF:OTCMKTS
RCL Foods Ltd
$0.57
0.00%
(0.00) 1D
Jul 16, 3:41:08 PM GMT-4 · USD
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Farmer's Weekly SA
·
3 days ago
RCL’s revenue drops 4,1% as consumer demand continues to decline
Profile
RCL Foods Limited is a South African consumer goods and milling company.
Founded in 1960 as Rainbow Chicken Ltd, the company has its headquarters in Westville near Durban, and employs over 20,000 people.
RCL is 77.7% owned by the South African investment firm Remgro. In 2017, the company announced it would be cutting its workforce by 1,350 people due to increased chicken imports into South Africa from Europe and the US following the signing of trade agreements with them. Wikipedia