Investor Presentaiton
JAPFA
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Major Global External Factors
Geopolitical tensions, especially the situation in Europe and, more recently, in the Middle East,
may cause disruptions to global economies, supply chains and commodities prices. These may
impact the cost of raw materials and consumer purchasing power. We continue to monitor the
situation closely.
Global inflationary pressures arising from interest rate hikes by central banks, high energy
costs, supply chain bottlenecks and soaring production costs have put upward pressure on
prices and ultimately affected consumer purchasing power.
Although we are pleased with the recent improvement in profitability, we are conscious of the
potential disruptions from the recent geopolitical tensions in the Middle East, which may have
an impact on the general economic conditions.
These macroeconomic factors are largely outside our control. We will hold back on non-essential
capex.
As Japfa produces safe and affordable staple proteins, we remain confident in our long-term
outlook; we have set a solid foundation for future growth, based on the prospects for protein
consumption in emerging Asia.
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