Japfa fishes for growth in aquaculture

Singapore

THE chief executive officer of Japfa is looking to at least double the group's nascent aquaculture segment - the smallest of its five business pillars which generates just a fraction of the revenue of its other pillars - in the next three to four years.

In a recent interview with The Business Times, Japfa's Tan Yong Nang said that aquaculture currently makes up about 7 per cent of its 52.4 per cent-owned PT Japfa Comfeed Indonesia's revenue.