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