Astral Foods Hit by Cyberattack, Expects R20 Million Loss in Profits

Astral Foods Hit by Cyberattack, Expects R20 Million Loss in Profits
Summary: Astral Foods, a South Africa-based poultry producer, has reported a cybersecurity incident that caused operational disruptions, expected to lead to a profit decline of R20 million (.10 million) for the first half of the fiscal year. The company was able to restore normal operations quickly and ensured that no sensitive data was compromised. However, it forecasts a 60% drop in profits due to additional challenges in the poultry sector, including lower prices and rising production costs.

Affected: Astral Foods

Keypoints :

  • A cybersecurity incident on March 16, 2025, disrupted Astral Foods’ poultry processing operations.
  • The company implemented disaster recovery protocols, reducing potential further losses.
  • Astral Foods forecasts a 60% decline in profits for the half-year, affected by lower chicken prices and rising input costs.
  • All business units are now operational, and sensitive data remains secure.
  • Astral Foods is focused on strengthening cybersecurity measures to avoid future incidents.

Source: https://thecyberexpress.com/astral-foods-cyberattack-confirmed/