Japfa Indonesia books ‘healthy’ profit in Q1

May 22, 2020

Japfa Comfeed Indonesia booked a profit attributable to owners of the parent of USD 23.14 million in the first quarter of this year, a 10.65% increase from the same period last year. This was backed by revenue that grew by 6.07% to USD 612.5 million. The revenue growth was mainly contributed by net sales of livestock and its processed products that increased by 17.92% to USD 253 million.