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TasFoods Faces Revenue Decline Amid Poultry Oversupply, Sees Growth in Pet Treats

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TasFoods Faces Revenue Decline Amid Poultry Oversupply, Sees Growth in Pet Treats

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TasFoods Limited ( (AU:TFL) ) has issued an announcement.

TasFoods Limited reported a challenging Q1 2025 due to an oversupply of mainland poultry, leading to a 17% decrease in total revenue. Despite these challenges, the company achieved growth in its Isle and Sky pet treats brand with an 83% increase in revenue and a 90% increase in sales volume. The company is implementing cost management strategies and operational improvements across its divisions, including a focus on expanding its pet treats brand and enhancing its poultry supply chain.

More about TasFoods Limited

TasFoods Limited operates in the poultry, cheese, and pet treats industry, focusing on products such as poultry, dairy cheese, and pet treats under the Isle and Sky brand. The company is committed to aligning its operations with core market demands and exploring growth opportunities in both domestic and international markets.

YTD Price Performance: -50.0%

Average Trading Volume: 1,039,980

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.75M

Find detailed analytics on TFL stock on TipRanks’ Stock Analysis page.

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