Wh Group: Owner attributable profit (before biological fair value adjustment) rose 7.2% to $1.043 billion in 2021

2022-06-14 0 By

Financial Union on March 28, Wh Group international (00288.HK) released 2021 full-year results announcement, 2021, the group meat products sales rose 1.3% to 3.32 million metric tons.In China, sales fell 1.6 percent for the year as the consumer market lacked momentum.At the same time, the Group is continuing to transform its product mix by launching new products and expanding new distribution channels.Sales in the US rose 3.1% in 2021 due to the recovery of food service and processing demand from the Novel Coronavirus outbreak and the group’s expansion of its fresh sausage category.In Europe, sales rose 12.7 per cent.Thanks to the acquisition of Mecom Group, the Group recorded solid growth in the convenience and smoke categories, as well as several key brands such as Berlinki and Morliny.Earnings attributable to company owners (before biological fair value adjustments) rose 7.2% to $1.043 billion in 2021.Underlying earnings per share (before biological fair value adjustments) rose 11.7 per cent.