Meat sales helps Estika shift from loss to profits

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Indonesian meat processor Estika Tata Tiara rebounded from last year’s loss to book a net profit of USD 3.4 million in H1 2023. Last year, the company reported a loss of USD 2.6 million during the same period. President Director Imam Subowo said sales in H1 grew more than 20 times to USD 19.8 millio...

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Meliyana
Correspondent based in Jakarta, Indonesia.