Instant Food Production Doubles, BGF Replenishes

Reported 8 months ago

Reported by Yuan Yanshou in Taipei on June 25, 2024, at 4:10 pm, the food giant BGF (1215) held a shareholders' meeting, achieving a record high profit in 2023 with an earnings per share (EPS) exceeding 7 yuan for the first time, and approved a dividend of 5.5 yuan. BGF mentioned that due to the downward trend in meat prices, the second quarter will be tougher this year. With the new instant food and soup production lines expanded last year expected to start operation in the first half of this year, the production volume of instant foods is set to double, further boosting revenue and profit growth.

Source: YAHOO

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