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China / African Swine Fever / Industry News & Trends / Business & Markets
on August 20, 2019

China’s Wen’s Food Group profit doubles in spite of ASF

Chinese pork and poultry company reports increased demand for poultry more than makes up for losses in pig operations

Despite the ongoing troubles caused by the African swine fever (ASF) outbreak, Chinese poultry and pork company Wen’s Food Group saw its net profit jump 50.8% for the first half of 2019.

Net profit for the first six months of the year was reported at CNY1.38 billion (US195.4 million), essentially…

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