Trade Japfa - UD2sg CFD

Japfa Company profile

About Japfa Ltd

Japfa Ltd is a Singapore-based agri-food company. The Company specializes in producing protein staples, such as poultry, beef, swine and aquaculture, and quality dairy and packaged foods. The Company operates through various segments, including Animal Protein-PT Japfa Tbk, Animal Protein Other, and Dairy. Animal Protein-PT Japfa Tbk segment produces quality animal proteins, such as poultry, beef and aquaculture, and branded packaged foods through its subsidiary in Indonesia, PT Japfa Comfeed Indonesia Tbk. Animal Protein Other segment includes its animal protein operations in Vietnam, Myanmar and India, which produces animal feed, poultry and swine. Its Dairy segment consists of production of raw milk and beef operations in China. The Company operates eight dairy farms and two fattening farms in China. The Company's other subsidiaries include AustAsia Investment Holdings Pte Ltd.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Japfa Ltd revenues increased 20% to $4.64B. Net income decreased 63% to $118.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Foreign Exchange, net decrease from $74K (income) to $11.6M (expense), Interest expense on lease borrowings increase of 56% to $16.6M (expense).