Meat Company News
Thai meat and agribusiness giant Charoen Pokphand Foods reported a drop in Q3 net profit, but a hike in sales from its overseas operations.
Tyson Foods reported higher earnings and revenue and beating with this the analysts estimates, which is a result on strong demand for chicken and beef and lower costs to buy animal feed.
The Finnish meat porcessor HKScan, will start to export pork from Finland to China starting with the first half of 2018, the Chinese and Finnish food authorities signed an agreement.
The Board of Directors of HKScan has approved the strategy and decide to focus on the consumer by leading the food value chain.
The two acquisations in the past 18 months have helped Finnish meat processor Atria and company posted now a 9.1 million Euro in pre-tax profit, up from 4.5 million Euro a year earlier.