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News: profit

Masan expects USD240m from deal with De Heus

Masan Group is expected to record an extraordinary profit of USD 241.4 million from the sale of its animal feed business to De Heus...

CP Prima profits up to USD 148.6m in first nine months

Indonesia’s Central Proteina Prima (CP Prima) booked a net profit of USD 148.58 million in the first nine months compared to a net loss...

Widodo net profit increases on higher sales

Indonesian poultry integrator Widodo Makmur Unggas recorded net sales of USD 154 million in the first nine months of 2021, up 167.7% year-on-year (yoy)....

Layer duck industry in Indonesia remains profitable

Despite challenging conditions, Indonesia’s layer duck industry remains profitable, said Ashadi, Chairman of Sinar Harapan, the layer duck farmers group in Blitar, East Java....

Japfa Comfeed revenue to reach USD 3.04 billion in 2021

Recovery in feed and commercial broiler sectors is expected to help Japfa Comfeed Indonesia reach record profits this year. Japfa Comfeed Indonesia’s revenue and net...

Animal feed division helps boost sales for Sreey

Animal feed and DOC were the top two contributors to the positive financial performance of Sreeya Sewu Indonesia this year. The company  booked net sales...

The 4Ps and the future of pig production

Even with ASF gripping the global pig industry, there is still much hope for the sector. Global population and disposable incomes are growing, and...

Panca’s net profit jumps as sales of value-added shrimp increases

Indonesian shrimp processor and exporter Panca Mitra Multiperdana recorded a 78.3% year-on-year net profit to USD 10.2 million. Last year’s net sales came in...

High feed costs keep margins low for hog farmers

High feed costs are expected to put pressure on margins for hog fattening throughout 2021. Rabobank’s Pork Quarterly report explained that whilst main feed...

Rating agency positive over Indian poultry recovery after AI

Rating agency Crisil Analysis expects Indian poultry companies to bounce back in ‘quick time, with profitability intact for the full fiscal’ after the current...

Dabaco records massive profit from pig business

As one of the largest pork suppliers in the country, Vietnam’s Dabaco record growth of more than 2300% in 2020, thanks to continuously high pig...

San Miguel’s 9-month profit flat on lower poultry prices

San Miguel Food and Beverage Inc (SMFB) reported its consolidated net income remained flat at USD 450.7 million in the first nine months this...

CPP revenue steady but profit slips on weak performance in China

Revenue for the nine months to 30 September has remained basically the same as the corresponding period in 2018 at Hong-Kong-based CP Pokphand Co...

ASF knocks CP Pokphand profit in Vietnam

A 23% drop in profit over the first six months of the year at Hong Kong-based CP Pokphand Co Ltd has been attributed to...

CP Pokphand profit drops 23% as ASF bites

- CP Pokphand Co Ltd has reported a 23% decline in profit to USD 82 million for the first half of 2019.

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