Poultry - Regulation remains supportive
Via a regulation issued on 24 Aug-23, the government seeks to continue stabilizing livebird prices by cutting PS aged 50-54 weeks and HE aged 19 days.
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Macro and Flows Tracker - Not All Is Well
The global manufacturing sector depicted some positive signs in July, with more countries reporting stronger activity, including Indonesia
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Japfa Comfeed Indonesia(JPFA IJ): Losses from Lower ASPs and High Costs
JPFA reported net losses of IDR250bn in 1Q23, surpassing the net losses of IDR8bn in 4Q22 and a massive swing from net profits of IDR604bn in 1Q22.
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Poultry: Headwinds from Both Costs and Selling Prices
Despite looking at better performance in 2H23 from moderating feed raw material costs and better purchasing power, we expect weak 1Q23 earnings off...
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Japfa Comfeed Indonesia (JPFA IJ) - 4Q21 beats, but FY22 outlook moderates
4Q21 beats, but FY22 outlook moderatesContent is external broker report sourced from online content aggregator through publicly available sources...
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