The cost of sales also increased by 62.5% y-o-y to US$391.2 million, mainly due to increases in cocoa bean prices.
JB Foods has registered 1HFY2024 profit of US$36.1 million ($47.49 million) in 1HFY2024, surging 331% higher compared to the previous corresponding period.
The company posted a revenue of US$453.3 million in 1HFY2024, up 67.2% y-o-y fuelled by the increase in average selling price (ASP) and shipment volume.
