Archives for July 1, 2004

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China egg production gets into full swing

The establishment of large scale battery farms has pushed egg production in China to 40 per cent of the world total. In turn increased interest in egg-based foods, such as dairy products, pre-packaged foods and bakery have all boosted per capita...

San Miguel profits up

Philippine-based food and beverage giant San Miguel has reported that consolidated net profits in the five months to May of this year rose 32 per cent to PHP3.29 billion (€47.98m), due mainly to higher operating income from increased beer sales and...

Southcorp fights downturn

Australia's biggest wine producer, Southcorp, has announced an extensive restructuring designed to counteract the affects of a downturn in the US economy and a weakened Australian dollar. The AUS93 million (€53.7m) package involves the streamlining of...