TSE:2282Food
NH Foods (TSE:2282) Valuation in Focus After Upgraded Profit Outlook on Chicken and Beef Strength
NH Foods (TSE:2282) caught investors’ attention today after the company revised its full-year earnings forecast upward. The main drivers, according to management, are higher unit prices for domestic chicken and steady demand for Australian beef in its Fresh Meats Business.
See our latest analysis for NH Foods.
Following the upbeat earnings guidance, NH Foods’ shares have gained strong momentum lately, notching a 17.3% one-month share price return and pushing its year-to-date gain to 36.6%...