Food producer Tyson Foods posted more revenue and profit in the third quarter of its broken financial year. Turnover was lower than the average analysts had expected because Tyson was struggling with falling prices for chicken meat. The beef processing division did well. Analysts’ expectation that Tyson could benefit from the outbreak of African swine flu in China has not yet come true. The company expects that it can take several years for these effects to fully affect the figures. Turnover at Tyson Foods amounted to $ 10.9 billion, compared to 10.1 billion in the same quarter last year. Net profit increased by 139 million dollars to 681 million dollars.
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement