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News: revenue

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...

Thaifoods targets 15-20% revenue growth

Thaifoods Group (TFG) expects its revenue to grow by 15-20% this year, supported by higher pork and chicken prices, an easing of Covid-19 measures,...

Poultry set to see better days

The challenges that the poultry industry in Asia is mired in may not quite be over yet, but we see progress. This past week,...

CPF’s revenue up 20% in Q2 2022

Thailand’s CP Foods (CPF) reported a revenue of USD 4.4 billion in Q2 2022, up 20% yoy. Revenues from local operations rose 17%, while...

Century Pacific posts 15% growth in H1 revenues

Century Pacific Food Inc in the Philippines posted a 15% increase in its first half revenues. Consolidated revenues reached USD 564 million, driven primarily...

Poultry, swine boost Thaifoods’ Q2 revenue

Thaifoods Group (TFG) reported a revenue of USD 353 million in Q2 2022, up 42.7% yoy, on higher revenues from its poultry, swine, and...

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...

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