News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Latin America
on October 25, 2018

Bachoco faces net loss in Q3 2018

Slower demand, higher cost of sales plagued quarter for Mexico-based poultry company

A lower demand for its poultry products and a higher cost of sales played a significant factor in a dismal third quarter for Bachoco’s 2018 fiscal year.

The Mexico-based company reported a net loss of MXN187.5 million (US$9.63 million) , compared to a net income of MXN997.9 million (US51.3 million)…

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