Home Capital Results

Japfa reports earnings of US$113.9 million down 12.4% y-o-y on higher costs

The Edge Singapore
The Edge Singapore 10/28/2021 08:52 PM GMT+08  • 2 min read
Japfa reports earnings of US$113.9 million down 12.4% y-o-y on higher costs
The company warns that the pandemic could dampen demand in any market, any time.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Japfa, a leading regional food producer, has reported a 22.2% y-o-y jump in revenue to US$3.4 billion for the nine months ended Sept 30.

However, due to higher raw material cost for feed and lower selling prices due to the pandemic, the company’s earnings for the period was down 12.4% y-o-y to US$113.9 million.

Besides its base in Indonesia, Japfa rears chickens, pigs and cows for milk in markets such as China, Vietnam and Myanmar.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now