Avanti Feeds' Q1 profit falls 37% as fishmeal and soybean meal costs surge

28 Aug 2026
Avanti Feeds' Q1 profit falls 37% as fishmeal and soybean meal costs surge

Feed sales volume rose 17% year-on-year, but sharply higher raw material prices cut the feed division's margin to 7.06% from 17% a year earlier, prompting a 10% feed price increase in June.

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