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Japfa full-year earnings up 84% to US$118.8 mil

Jude Chan
Jude Chan • 2 min read
Japfa full-year earnings up 84% to US$118.8 mil
SINGAPORE (March 2): Indonesia-based agri-food company Japfa has posted an 83.6% increase in full-year earnings to US$118.8 million ($167.3 million), from US$64.7 million a year ago.
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SINGAPORE (March 2): Indonesia-based agri-food company Japfa has posted an 83.6% increase in full-year earnings to US$118.8 million ($167.3 million), from US$64.7 million a year ago.

Excluding foreign exchange gains or losses, core PATMI was 47.6% higher at US$130.2 million, compared to US$88.3 million in FY15.

For the full year ended Dec 31, group revenue grew 8.8% to US$3.0 billion, from US$2.8 billion a year ago, on the back of better performance across all its business segments.

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