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AVANTIFEED: Sequential profit growth amid volatile raw materials; pet food and fish feed expansion underway

AVANTIFEED: Sequential profit growth amid volatile raw materials; pet food and fish feed expansion underway

Avanti Feeds LimitedAugust 9, 20243
AVANTIFEED: Sequential profit growth amid volatile raw materials; pet food and fish feed expansion underway

About this update from Avanti Feeds Limited

Q1 FY25 saw sequential growth in income and profit, but year-over-year declines due to adverse weather and volatile raw material prices. Shrimp exports and feed sales volumes are expected to recover if conditions stabilize, while new investments target pet food and fish feed segments.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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