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

Indonesia Berita Berita

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.