MHP S.A. Announces Production and Sales Results for the Fourth Quarter and Full Year Ended December 31, 2016
January 26, 2017 at 01:15 pm IST
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MHP S.A. announced production and sales results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported that the company's poultry farms, poultry production volumes increased by 8% to 158,240 tonnes against 145,880 tonnes a year ago. Production volumes of Meat processing products were increased by 15% year-over-year to 10,225 tonnes.
For the year, the company reported that the company's poultry farms, poultry production volumes increased by 6% to 601,240 tonnes against 566,600 tonnes a year ago. Production volumes of Meat processing products were increased by 30% year-over-year to 38,780 tonnes.
For the quarter, the company reported sales volume of poultry of 142,580 tonnes against 129,610 tonnes a year ago. Sales volume of Sunflower oil was 88,200 tonnes against 69,035 tonnes a year ago. Sales volume of Soybean oil was 9,810 tonnes against 3,710 tonnes a year ago. Sales volume of Meat processing products were 10,225 tonnes against 8,900 tonnes a year ago.
For the year, the company reported sales volume of poultry of 575,740 tonnes against 537,290 tonnes a year ago. Sales volume of Sunflower oil was 342,240 tonnes against 286,745 tonnes a year ago. Sales volume of Soybean oil was 34,150 tonnes against 13,950 tonnes a year ago. Sales volume of Meat processing products were 38,780 tonnes against 29,845 tonnes a year ago.
MHP SE is an agro-industrial holding company. The Company focuses on the production of poultry and cultivation of grain. The Company's segments are Poultry and related operations, Grain growing operations and Other agricultural operations. The Poultry and related operations segment is engaged in producing and selling chicken products, vegetable oil, soybean oil and mixed fodder. It includes over four chicken and approximately two breeder farms, over two sunflower oil plants and a soya crushing plant, over four feed mills and food facilities. The Grain growing operations segment is engaged in growing crops for fodder and for sale to third parties on over 360,000 hectares of land, including arable farms and grain storage facilities in plastic bags. The Other agricultural operations segment is engaged in producing and selling sausages and cooked meat, beef, goose and foie gras, and fruit. It includes a mixed farm, a goose farm and over two facilities for producing meat products.
MHP SE 
