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News: sales

Sreeya posts 8% sales growth in first 9 months

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...

Malindo records 25% sales increase in 9 months

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...

Bangkok Ranch’s Q3 sales increase 22%

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...

Thai Union’s Q3 sales rise 14%

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...

Fast Food Indonesia targets 26% sales growth

Fast Food Indonesia, which operates KFC and Taco Bell, targets a sales growth of 26% to USD 422 million this year. Director Wahjudi Martono...

Thai Union’s Q2 sales up 8% on higher demand

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...

Japfa Indonesia’s profit plunges on higher COGS

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%...

CP Prima targets 10% sales growth, higher exports

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....

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...

FMD pulls down beef sales in traditional markets

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...

Thai Union’s Q1 sales up 16%, backed by seafood

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...

Japfa Comfeed books lower profit but higher sales in Q1

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...

Profit from poultry feed sales in Indonesia shrinking

The profit margin from poultry feed sales in Indonesia is shrinking. Previously, the profit margin could be around 10%, but now it is down...

Poultry feed margins in Indonesia continue to thin

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...

​Lower hog population pulls down URC’s feeds, farms sales

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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