mushrooming sales

Country Foods, which listed on Alt-X a month ago, posted more than a four-fold revenue growth to R171million during the year that ended in September.

Country Foods, which listed on Alt-X a month ago, posted more than a four-fold revenue growth to R171million during the year that ended in September.

Mushroom sales contributed 63percent of the company's revenue and 84percent of its R11,5million profit. More than half of its mushroom sales came from exports.

Its domestic brands include Edulis, which specialises in exotic porcini mushrooms, and Country Mushrooms, which sells standard cultivated produce. "Wild and exotic" mushrooms contributed 67 percent of revenue and 37 percent of profit.

X