News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Europe
on November 19, 2018

MHP faces net loss in third quarter of 2018

Foreign exchange translation and reduction in government grants offset increased poultry and grain production, and higher chicken prices

MHP reported a net loss of US$48 million for the third quarter of fiscal year 2018, a sharp turnaround from the net profit of US$41 million for the same period of fiscal year 2017.

While the Ukrainian company did achieve a net profit for the first nine months of FY…

To view the full article, please register or login.