Quantum Foods says earnings have been hit by falling egg prices

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

SA’s largest egg producer says earnings will fall at least 42% amid a supply increase in the local market

Quantum Foods, the Western Cape-based poultry- and animal-feeds business, said on Monday that its full-year earnings to end-September would drop at least 42% due to falling egg prices.

It also said profitability had improved in its farming business, due to improved production efficiencies. Roughly one-third of the company is exposed to a risky element, namely eggs, but the company was well managed and other business units were performing well, said Clark.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama