GFPT posts Q3 loss on lower sales, high feed costs

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Thailand’s GFPT reported a net loss of USD 2.7 million in Q3 2021 due to lower sales and higher feed raw material prices. Sales revenue decreased 9.8% year-on-year (yoy) to USD 99.3 million. Earnings from farm business declined 28.6% to USD 26 million due to lower sales of live broilers. Food and f...

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