Indonesia: Poultry Farming Performance Is Clear, Some Companies' Net Profit Has Increased

- Aug 15, 2018-

bp9k9924-1.JPG

In the first half of this year, the performance of the Indonesian poultry industry was clear. Although there were many negative emotions, such as the weak exchange rate of the Shield and the rising prices of feed ingredients, their performance was still brilliant.

The clear performance of the poultry farming industry has been boosted by demand during Ramadan and Eid al-Fitr and has become a positive stimulus.

According to the financial report of Charoen Pokphand Indonesia in the first half of this year, the company's performance was clear, with revenue reaching 25.61 trillion rupiah, an increase of 2,71% over the 24.93 trillion rupiah of the same period last year.

In the first half of this year, Indonesian wasp company gained 2.43 trillion net profit, up 59.68% from 1.52 trillion rupiah in the same period last year, of which feed sales reached 5.74 trillion rupiah or 48% of the total sales of Indonesian bee company. Next, broiler sales reached 3.36 mega dong and 1 day chick (DOC) reached 1.28 mega dong.

The same is true for Indonesia's Japfa Comfeed, which achieved brilliant results in the first half of this year. The company's sales reached 16.7 trillion rupiah, an increase of 18.1% over the same period last year's 14.13 trillion rupiah.

Indonesia's Japfa Comfeed also received a net profit of 1.17 trillion dong or 120% over the same period last year's 532 billion rupiah.

After the unwillingness of Sierad Produce, it also achieved good results. In the first half of this year, the company's revenue increased by 17.6% compared with 1.21 trillion rupiah in the same period last year, becoming 1.42 trillion rupiah. The increase in income has increased Siierad Produce's net profit to 4.04 billion rupiah, compared with a loss of 236 billion rupiah in the same period last year.

At the same time, Malindo Fedmill has not released its financial report for the first half of this year, but according to the financial report for the first quarter of this year, Malindo Fedmill's revenue increased by 16.4% over the same period last year to 2.47 trillion rupiah, net profit compared to the same year last year's 24.8 billion rupiah 102.2% rose to 50.2 billion rupiah.