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CJ CheilJedang reported third-quarter operating profit of 203 billion won, up 6.9% year on year, and revenue of 4.23 trillion won, up 5.7%, excluding CJ Logistics. Overseas food sales rose 3.7%, led by mandu and Hetbahn, while consolidated operating profit including CJ Logistics fell 7.4%.
The results point to stronger sales of the company’s consumer food products, but do not establish a material shift in feed-commodity supply or demand.
Not enough comparable past events yet for a historical read.
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