Japfa expansion plans back on track after a year of headwinds

Myanmar

HAVING been derailed by a year when it faced fierce headwinds, Japfa is now back on track in its expansion plans and hopes to achieve an even contribution from all four business segments eventually as it continues to diversify its business, said its chief executive Tan Yong Nang.

The Indonesia-based agri-food group's medium-term target is to have a quarter each of its net profit from Indonesia and from its dairy operations, consumer foods and animal protein business in India, Vietnam and Myanmar respectively.