Ovostar Union increased egg production by 12%
2012-09-07 16:51:11
According to the official information released by the company its egg production increased by 12% in the first half of 2012 compared to the same period of 2011, reaching 324 M units. Financial report of the company hints that egg production increased as the result of 39% increase in herd to 3.48 M (including 2.45 M laying hens) compared to 2011 levels. Average price per egg rose by 12% reaching USD 0.082 per egg.
AgroInvest comment: Growing food prices as well as increased egg production will result in company’s high financial results this year, allowing for highly positive forecast.
For more detail please refer to the UAIndex Daily (September 07 issue).
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