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Japfa sees 54.3% rise in 1H2021 earnings; expects stronger growth this year

Amala Balakrishner
Amala Balakrishner7/29/2021 07:32 PM GMT+08  • 3 min read
Japfa sees 54.3% rise in 1H2021 earnings; expects stronger growth this year
Earnings of agri-food company Japfa was up 54.3% to US$118.5 million ($160.5 million) in 1HFY21 ended June, from US$76.8 million
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Earnings of agri-food company Japfa was up 54.3% to US$118.5 million ($160.5 million) in 1HFY21 ended June, from US$76.8 million the year before thanks to stronger revenue growth.

This translates to earnings per share (EPS) of 5.82 US cents on a fully diluted basis, up 52% from the 3.82 US cents logged in 1HFY2020.

Revenue for the first six months of the year was up 23.5% y-o-y to US$2,262.4 million following higher income across all its segments.

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