JAPFA's Returns to Attributable Profit in 9M 2024; Shares Surge 9%

MT Newswires

2024/10/29

JAPFA (SGX:UD2) booked a profit attributable to owners of $87.5 million for the January to September period, compared to a loss attributable of $22.7 million in the year-ago period, according to a filing with the Singapore Exchange on Monday.

Earnings per share came in at $0.0430 from loss per share of $0.0111 in the comparable period.

Revenue was up 4% year over year to $3.42 billion from $3.29 billion, driven by steady feed margins across major markets.

The agriculture farming company declared an interim divided on SG$0.01 per share.

Shares of the company surged nearly 9% in recent trading.

Price (SGD): S$0.39, Change: S$+0.030, Percent Change: +8.33%

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