Starch sales sweeten results

Starch helped sugar producer Tongaat Hulett ride the property slump in the six months ended in June. The group, which made more than half of its December year-end profit from property development, saw its real estate profits slide nine percent from last year's first half. But it managed to grow its overall profit 44 percent thanks to profit from starch nearly tripling and its sugar profit rising nearly a third. - Robert Laing

Starch helped sugar producer Tongaat Hulett ride the property slump in the six months ended in June. The group, which made more than half of its December year-end profit from property development, saw its real estate profits slide nine percent from last year's first half. But it managed to grow its overall profit 44 percent thanks to profit from starch nearly tripling and its sugar profit rising nearly a third. - Robert Laing

X