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.
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