Animal protein, dairy segments drive six-fold increase in Japfa's H1 earnings

📆 7/29/2020 6:53 PM
📰 BusinessTimes

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INDUSTRIAL agri-food company Japfa's net profit for its first half grew six times to US$76.8 million, thanks to better operating profit in its 'other animal protein' segment, which was driven by continued high average selling prices for fattened pigs - in turn the result of a shortage of pork following an outbreak of African swine fever in Vietnam. Read more at The Business Times.

INDUSTRIAL agri-food company Japfa's net profit for its first half grew six times to US$76.8 million, thanks to better operating profit in its"other animal protein" segment, which was driven by continued high average selling prices for fattened pigs - in turn the result of a shortage of pork.

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