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News: sales

Sreeya posts 8% sales growth in first 9 months

Arief Fachrudin -
Sreeya Sewu Indonesia posted an 8.43% increase in net sales in the first nine months of 2022 to USD 282.8 million. The feed segment...
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Malindo records 25% sales increase in 9 months

Arief Fachrudin -
Indonesia’s Malindo Feedmill reported a 24.7% increase in sales in the first nine months of 2022 to USD 535.7 million. The feed segment was...
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Bangkok Ranch’s Q3 sales increase 22%

Payungsak Wiriyabunditkul -
Thailand’s Bangkok Ranch reported sales of USD 58.4 million in Q3 2022, up 22% yoy, thanks to effective sales strategies and management. Net profit...
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Thai Union’s Q3 sales rise 14%

Payungsak Wiriyabunditkul -
Thailand’s Thai Union Group (TU) reported sales of USD 1.07 billion in Q3 2022, up 14.7% yoy, on higher demand and prices and a...
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Fast Food Indonesia targets 26% sales growth

Meliyana -
Fast Food Indonesia, which operates KFC and Taco Bell, targets a sales growth of 26% to USD 422 million this year. Director Wahjudi Martono...
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Thai Union’s Q2 sales up 8% on higher demand

Payungsak Wiriyabunditkul -
Thai Union Group (TU) reported sales of USD 1.09 billion in Q2 2022, up 8.5% yoy, thanks to higher revenue from ambient seafood, pet...
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Japfa Indonesia’s profit plunges on higher COGS

Meliyana -
Japfa Comfeed Indonesia saw its profit plunge 40% yoy to USD 74 million in H1 2022, as cost of goods sold (COGS) rose 18.8%...
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CP Prima targets 10% sales growth, higher exports

Meliyana -
Indonesia’s Central Proteina Prima (CP Prima) targets a 10% sales growth to 585 million this year, from aquafeed, pet food, and processed seafood sales....
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Malindo estimates 10-15% revenue increase in 2022

Meliyana -
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...
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FMD pulls down beef sales in traditional markets

Arief Fachrudin -
Sales of beef in Indonesia’s traditional markets are declining due to the FMD outbreak. Ati, a beef seller at the Anyar traditional market in...
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Thai Union’s Q1 sales up 16%, backed by seafood

Payungsak Wiriyabunditkul -
Thai Union Group reported sales of USD 1.05 billion in Q1 2022, up 16.5% yoy, driven by sales increase in ambient seafood, frozen and...
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Japfa Comfeed books lower profit but higher sales in Q1

Meliyana -
Japfa Comfeed Indonesia reported a profit of USD 44.5 million in Q1 2022, 29.4% lower than the previous year. However, the company's net sales...
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Profit from poultry feed sales in Indonesia shrinking

Arief Fachrudin -
The profit margin from poultry feed sales in Indonesia is shrinking. Previously, the profit margin could be around 10%, but now it is down...
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Poultry feed margins in Indonesia continue to thin

Arief Fachrudin -
Indonesian feedmillers are feeling their bottom lines from poultry feed sales squeeze as raw material prices see no reprieve. Tevi Melviana from KMS Group told...
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​Lower hog population pulls down URC’s feeds, farms sales

Isa Q Tan -
Universal Robina Corp (URC) saw declines in sales volume of its farms and feeds businesses in 2021 due to lower hog population in the...
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