USA – JBS, one of the world’s leading meat processing companies, has booked a loss in the year’s second quarter…
Read MoreJBS denotes another quarterly loss as CEO gives promising prospects
Tag: Financials
Ingredion’s ability to adjust production to meet shifting consumer demand pays off handsomely in Q2
USA – Ingredion, an American food and beverage ingredient provider, has recorded robust profit growth from its operations in the…
Read MoreNestlé raises organic sales outlook with strong second quarter results
SWITZERLAND – Nestle, Swiss multinational food and drink processor and the world’s largest food company by revenue, has posted organic…
Read MoreAtlas Copco triumps low order intake to report double digit revenue growth
SWEDEN – Global supplier of compressors, vacuum solutions and air treatment systems, construction equipment, power tools and assembly systems Atlas…
Read MoreAlmarai records 7% rise in profit on higher sales
SAUDI ARABIA – One of the Middle East’s largest dairy companies, Almarai has reported a 7% rise in the second…
Read MoreLiberia fisheries sector contributes 12% to GDP
LIBERIA – Liberia’s fisheries sector is now contributing approximately 12% of the country’s Gross Domestic Product (GDP) that comes from…
Read MoreDairibord reports 28.5 million litres of utilised raw milk, records 40% increase in revenue
ZIMBABWE – Zimbabwean dairy processing giant, Dairibord Zimbabwe Limited (DZL) has reported a total of 28.5 million litres of utilised…
Read MoreRCL Foods warns against another profit slump
SOUTH AFRICA – RCL Foods Ltd, a South African food processor and milling company, has issued another profit slump warning…
Read MoreMeatCo reports 86% meat production increment
NAMIBIA – The Namibian Meat Corporation, MeatCo has recorded a 86% increase by slaughtering 16,200 cattle in the first quarter…
Read MoreUganda sets 25% tariff on imported refined sugar
UGANDA – Uganda Revenue Authority (URA) has announced a new 25% tariff set on imported refined sugars amid the abuse…
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