MHP SE Announces Sales Results for the Fourth Quarter and Year Ended 31 December 2020
January 28, 2021 at 02:00 am EST
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MHP SE announced sales results for the fourth quarter and year ended 31 December 2020. For the quarter, the company’s fourth poultry sales volume amounted to 174,260 tonnes against 158,624 tonnes a year ago. Sunflower oil sales volume was 82,590 tonnes against 112,688 tonnes a year ago. Soybean oil was 7,783 tonnes against 11,764 tonnes a year ago. Meat processing products sales volume was 7,234 tonnes against 8,699 tonnes a year ago. Convenience food sales volume was 5,314 tonnes against 5,179 tonnes a year ago.
For the year, the company’s poultry sales volume amounted to 698,020 tonnes against 669,865 tonnes a year ago. Sunflower oil sales volume was 330,823 tonnes against 384,150 tonnes a year ago. Soybean oil was 40,904 tonnes against 51,771 tonnes a year ago. Meat processing products sales volume was 32,626 tonnes against 35,554 tonnes a year ago. Convenience food sales volume was 19,905 tonnes against 19,251 tonnes a year ago.
MHP SE is an agro-industrial holding company. The Company focuses on the production of poultry and cultivation of grain. The Company's segments are Poultry and related operations, Grain growing operations and Other agricultural operations. The Poultry and related operations segment is engaged in producing and selling chicken products, vegetable oil, soybean oil and mixed fodder. It includes over four chicken and approximately two breeder farms, over two sunflower oil plants and a soya crushing plant, over four feed mills and food facilities. The Grain growing operations segment is engaged in growing crops for fodder and for sale to third parties on over 360,000 hectares of land, including arable farms and grain storage facilities in plastic bags. The Other agricultural operations segment is engaged in producing and selling sausages and cooked meat, beef, goose and foie gras, and fruit. It includes a mixed farm, a goose farm and over two facilities for producing meat products.