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News: revenue

Pioneerindo Gourmet targets 15% growth in 2024

Pioneerindo Gourmet, which operates California Fried Chicken (CFC) in Indonesia, targets a 15% revenue increase in 2024. The company is banking on growing chicken...

Panca eyes USD210m for 2024 revenue

Indonesia’s seafood company Panca Mitra Multiperdana targets its revenue in 2024 to reach USD 210 million. While its current revenue is heavily dependent on...

Feed ingredient demand drives Cerestar’s revenue

Indonesia’s wheat processor Cerestar Indonesia posted a significant revenue growth in the first nine months, thanks to increased demand for wheat flour and feed...

Panca revenue down slightly on lower demand

Indonesia’s Panca Mitra Multiperdana booked USD 100 million in revenue in H1, declining by 0.4% yoy. The shrimp processor & exporter saw lower demand...

Thaifoods’s revenue jumps 20% in H1

Growth in pork and chicken sales propelled Thaifoods Group’s total revenue to USD 785 million in H1 2023, up 20.2% yoy, and net profit...

Challenging conditions impact Japfa Indonesia’s financials

Japfa Comfeed Indonesia saw its H1 2023 revenue drop by 4.8% yoy to USD 1609.3 million. Operating profit reached USD 41.8 million compared to...

Betagro’s revenue drops on lower pork prices

Betagro reported a net loss of USD 10 million in Q2 2023, while revenue fell by 5.1% yoy to USD 760 million. It recorded...

KFC Indonesia registers losses despite H1 revenue rise

Fast Food Indonesia, which operates KFC in the country, made a U-turn in its H1 2023 financial performance, posting a net loss of USD...

Three Acre Farms 2022 revenue up 72%

Demand for broiler DOC and PS DOC helped Three Acre Farms in Sri Lanka increase its Q4 2022 revenue by 52% yoy, which pushed...

Ceylon Grain revenue drops 26% in 2022

After a 36% dip in Q4 revenue, Ceylon Grain Elevators’ 2022 revenue fell 26% yoy as feed production contracted. In a disclosure to the...

Asian Sea targets 23% revenue growth in 2022

Thailand’s Asian Sea Corp expects its revenue to grow 22-23% to USD 331 million this year on strong performance from its pet food and...

GFPT expects 25-30% revenue growth in 2022

Thai chicken integrator GFPT expects a 25-30% growth in revenue for 2022 driven by higher consumption and the baht’s depreciation. The new forecast is...

Thaifoods’ Q3 2022 revenue rises 74%

Thailand’s Thaifoods Group posted a revenue of USD 411 million in Q3 2022, up 74.5% yoy, on higher revenues from its poultry, swine, feed,...

Japfa books USD3.73b revenue in first nine months

Singapore’s agri-food company Japfa booked revenue of USD 32.73 billion in the first nine months, up 10.5% yoy, driven by sales volume growth across...

Thaifoods raises revenue outlook

Thailand’s Thaifoods Group has raised its revenue forecast for 2022 to a 20-25% rise, up from 15% previously, backed by strong demand and higher...

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