Should this be excluded, the company will see a 34.6% drop in PATMI from US$181.8 million in FY2020 to US$118.7 million.
Agri-food company Japfa has recorded a 20% increase in revenue for its FY2021 ended December from US$3.86 billion ($5.23 billion) to US$4.6 billion, but PATMI has dropped 63% to $118.7 million, from the $343.9 million in FY2020.
However, Japfa said the FY2020 figure included an “extraordinary net gain” of US$140.2 million from the effective sale of 80% in Dairy Southeast Asia in 2020.
