SINGAPORE (Dec 7): Japfa, an agri-food company that is focused on feeding Asia’s emerging market population, has seen its share price rise 43.14% year to date, compared with a decline of 8.2% in the Straits Times Index.

Investor interest and demand for its products are driven by the need for more protein from the rising middle class in the region. As such, Japfa’s shares are seen as a proxy to rising food demand in Asia.

In 3Q18, the group’s sales, margins and profit showed marked improvement.

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