Date Reported: 2025-03-16
Country: ZAF | South Africa
Victim: Astral Foods | Astral Foods
Website: astralfoods.com
Information :
Country: ZAF | South Africa
Victim: Astral Foods | Astral Foods
Website: astralfoods.com
Information :
- Astral Foods, the leading poultry producer in South Africa, anticipates a potential 60% decrease in its half-year profit.
- This decline is attributed to falling chicken prices and rising input costs.
- A cybersecurity incident on March 16 exacerbated the situation, leading to revenue losses and additional costs.
- The incident resulted in an estimated impact on profits of around 20 million rand (approximately $1.10 million).
- Despite the challenges, the company assures that all its units are now operating normally.
- No sensitive data from customers, suppliers, or stakeholders has been compromised.
- The company is actively working to address production backlogs caused by the incident.
- Astral Foods remains committed to maintaining operational integrity and customer trust.