WMU optimistic about 25% business growth in 2022

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Indonesian poultry integrator Widodo Makmur Unggas (WMU) is optimistic about achieving a 25% business growth this year. CFO Wahyu Andi Susilo said the company allocated USD 81.7 million to expand its feed milling, poultry breeding, commercial broiler farming, and chicken processing businesses. Its new 12,000 birds/hour chicken slaughterhouse is targeted to start operation in Q4 2022. In Q1, WMU booked revenues of USD 43 million, up 5.5% yoy.

Managing Editor and Editor of Asian Poultry Magazine, Jakarta, Indonesia. Using Rabobank’s 2023 poultry review, he writes about ‘Keeping chicken meat affordable’ despite the challenging economic climate, diseases, and lower purchasing power.