Japfa’s net profit jumps more than fivefold

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Singapore-based Japfa recorded a net profit of USD 130 million for the first nine months, a fivefold increase driven by strong momentum from its China dairy unit and swine business in Vietnam. This comes despite a 2.5% drop in revenue from a year ago to USD 2.8 billion for nine months ended Sept 30,...

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Arief Fachrudin
Managing Editor, Poultry & Meat Asia, Jakarta, Indonesia. Arief discovered interesting trends in the regional poultry industry during VIV Asia 2023 and shared them in ‘4 factors driving growth of poultry production in Asia’.