Sierad’s focus on processing strengthens earnings

August 14, 2019

The lower live broiler in Indonesia has not significantly affected Sierad Produce’s revenue since the company has been focusing on the downstream sector. “Our business is more on primary and further processing. Almost 70% of the broilers we produce are processed – some for our Belfoods further processed products and the rest [in the forms of carcass and portioned cuts] are distributed to supermarkets, fine dining restaurants and quick service restaurants,” explained President Director Tommy Wattimena.