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Japfa benefits from upturn in highly cyclical industry

Jeffrey Tan Published on Thu, Sep 06, 2018 / 12:56 PM GMT+8

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SINGAPORE (Sept 6): Helped by an upturn in the poultry and swine industries in Indonesia and Vietnam respectively, livestock producer Japfa has done well in 2Q18 ended June 30.

Yet investors should not get carried away by the recovery in its prospects as the company operates in a highly cyclical environment.

It was only last year that Japfa was a hit by a downturn that saw its top line eroded and bottom line turned red.

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