Japfa Indonesia’s Q1 profit jumps 366%

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Japfa Comfeed Indonesia booked a net profit of USD 41.64 million in Q1 2024, a 366% leap from Q1 2023 when the company suffered a loss of USD 15.65 million. The surge in profit was led by an 18% increase in net sales to USD 871.79 million. In another development, the company set aside USD 125.26 mi...

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