TagsRevenue

News: revenue

SMFB revenue and income up in H1

San Miguel Food and Beverage Inc (SMFB) posted strong H1 2022 performance, with revenues and income up on strong volume growth. Consolidated revenues grew...

Malindo estimates 10-15% revenue increase in 2022

Indonesia’s Malindo Feedmill estimates its revenue to increase 10-15% this year, driven by higher chicken demand. Director Rudy Hartono told Asian Agribiz that economic...

Betagro Q1 revenue rises 21% on higher sales, prices

Thailand’s Betagro reported Q1 revenue of USD 750.8 million, up 21.7% yoy on higher sales and prices from its agribusiness, food and protein, pet...

GFPT may raise revenue growth target for 2022

Thai chicken integrator GFPT plans to increase its revenue growth target in 2022 to 10-15% from the current 5-10% because of growing demand. Veera...

Thaifoods expects revenue to grow 10-15% in 2022

Thaifoods Group expects its revenue to increase 10-15% this year, backed by higher chicken and pork prices and higher demand. COO Phet Nantavisai said...

SMFB food segment posts 13% growth in Q1 revenues

San Miguel Food and Beverage Inc (SMFB) reported consolidated revenues of USD 2.1 billion for its food segment, up 13% year-on-year on robust demand....

Poultry, retail drive Thaifoods’ Q1 revenue up 26%

Thaifoods Group (TFG) reported a revenue of USD 304.5 million in Q1 2022, up 26% year-on-year (yoy), driven by higher revenues from its poultry...

CPF’s revenue up 16% in Q1 2022

Thailand’s CP Foods (CPF) reported sales of USD 4 billion in Q1 2022, up 16% year-on-year (yoy). CPF’s revenue in Thailand rose 13%, while...

Food business drives up GFPT’s Q1 revenue by 21%

Thai chicken integrator GFPT reported Q1 revenue of USD 115.4 million, up 21.3% year-on-year. Food revenue rose 45.2% and export of processed chicken to...

Betagro expects higher revenue in 2022

Betagro expects higher revenue this year, backed by higher prices and investments. The company reported sales revenue of USD 2.46 billion in 2021, up...

Thai Union covers losses with recovery in aquafeed

Thai Union Feedmill’s (TFM) revenue reached USD 148.4 million in 2021, up 14% year-on-year (yoy) on performance of its aquafeed business. Demand for seafood recovered...

Rising input costs shrink CJ Feed & Care’s operating profit

CJ Feed & Care, an animal feed company owned by South Korea’s CJ CheilJedang, saw its operating profit slip 31.3% year-on-year (yoy) in 2021. The...

Covid constraints impact CPF’s 2021 earnings

CPF’s net profit dropped 50% year-on-year (yoy) to USD 401.5 million in 2021, as Covid-19 impacted businesses in Thailand and Vietnam. Covid-19 crushed consumer purchasing power...

Feed, poultry boost TFG’s 2021 revenue by 11%

Thaifoods Group (TFG) posted a revenue of USD 1.1 billion in 2021, up 11.4% year-on-year (yoy), backed by higher revenues from its feed, poultry,...

Leong Hup confident of recovery despite slow Q4

Leong Hup International in Malaysia is confident of recovery despite lower Q4 2021 earnings. High feed costs pulled down net profit for the quarter...

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