Vitarich shuts Candaba poultry farm as precaution | Inquirer Business

Vitarich shuts Candaba poultry farm as precaution

By: - Reporter / @kocampoINQ
/ 05:00 AM August 15, 2017

Vitarich has shut its poultry farm in Candaba town in Pampanga as a necessary precaution after the country confirmed its first avian flu outbreak.

The government, through the Department of Agriculture, said last week it would cull 200,000 chickens, quails and ducks after detecting an avian flu outbreak at a farm in San Luis also in Pampanga.

Vitarich shares were down 5.88 percent to P1.92 at the end of trading Monday.


The firm has yet to assess the financial impact of the outbreak.


It reported, however, a healthy first semester this year, with income growing 129 percent year-on-year to P93.3 million.

The firm said gross profit saw a 31-percent increase from last year, driven by higher chicken prices and improved efficiencies in its poultry operations.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Avian Flu, Vitarich

© Copyright 1997-2024 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.