SUBSCRIBERS

Japfa Q1 net profit rises 37% to US$48.5m

Published Thu, Apr 29, 2021 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

JAPFA on Thursday posted a 37 per cent rise in net profit to US$48.5 million for the first quarter of 2021, up from US$35.5 million in the previous year.

Revenue grew 16 per cent to US$1.1 billion from US$950 million, and earnings per share was 2.4 US cents, compared to 1.8 US cents in Q1 2020.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.