Japfa’s Q1 earnings plunges 64%

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Singapore-based Japfa reported earnings of USD 17.3 million for Q1 2022, 64% lower than the same period last year, due to external factors. Group revenue, however, grew 13% to USD 1.25 billion, driven by higher sales volume across all segments. Gross profit, meanwhile, fell 28% to USD 200.4 million...

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Managing Editor and Editor of Asian Poultry Magazine, Jakarta, Indonesia. Arief juggles team directorial management regionally while monitoring avian disease with articles such as, ‘Bacterial enteritis could become a bigger problem by 2025’.