Crookes Brothers Reports R274 Million Loss After Storm Destroys Macadamia Orchards

Crookes Brothers reported a R274 million loss for the 12 months ending March, a sharp reversal from the R89.8 million profit recorded the previous year. The agricultural group, which operates in sugar, bananas, macadamia nuts, and property, attributed the downturn to severe weather, civil unrest, and rising input costs, according to the company’s latest financial … Read more