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China / African Swine Fever / North America / Industry News & Trends / Business & Markets
on August 14, 2019

WH Group profit hurt by African swine fever

Company’s first half profits down nearly 17% from a year earlier

WH Group reported a nearly 17% decline in profits in the first half of 2019, citing higher meat prices due to African swine fever (ASF) outbreaks that have swept across China throughout the past year.

The company’s profit in the first half was down 16.9% to US$463 million, compared with…

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