LOGO
LOGO

Quick Facts

MHP Q3 Earnings, Revenue Improve

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

MHP SA (MHPC.L), a processor of poultry, grain, and others agriculture products, on Friday reported a rise in earnings for the third quarter, helped by an increase in revenue.

For the three-month period to September 30, the company posted a pre-tax income of $102 million, higher than $62 million, registered for the same period last year.

Net profit stood at $89 million or $0.83 per share, compared with $53 million or $0.50 per share a year ago.

Operating profit stood at $154 million as against prior year's $95 million.

Excluding items, EBITDA was $199 million, higher than $133 million in 2023.

Net change in fair value of biological assets and agricultural produce surged to positive $50 million from last year's positive $2 million.

Revenue was $773 million, up from previous year's $739 million.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19