WMP net loss plunges by 2500%

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Indonesia’s Widodo Makmur Perkasa (WMP) reported a net loss of USD 16.9 million in the first nine months of this year, up 2503% yoy. The company’s net sales declined with lower sales of live cattle (down 50.3% to USD 16.4 million), beef (down 66.5% to USD 9.7 million), and dressed chicken (down 92.9...

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Meliyana
Correspondent based in Jakarta, Indonesia.