TasFoods Limited (AU:TFL) has released an update.
TasFoods Limited reported a robust first quarter in 2024 with a 7% increase in poultry revenue and a 9% rise in Pyengana Dairy sales, both outpacing the prior comparable period despite a tough market. The company’s strategic realignment to focus on poultry, due to its high demand as an affordable protein source, has shown positive results, alongside the successful launch of the Isle & Sky pet treat range. TasFoods also experienced improved cash flow efficiency and reduced operational costs following recent restructuring efforts.
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