Fonterra reports net profits nearly triple Dairy co-operative Fonterra’s full year net profit has nearly tripled, with revenue growth of 12 percent. The dairy exporter said the strong result reflected the execution of its strategy, against a backdrop of weak farmgate milk prices. Key numbers for the 12 months ended July compared with a year …
Facility expected to create 200 new direct, indirect jobs Dairy company Nutridor, a subsidiary of Nigeria’s Tropical General Investments (TGI) Group, has launched operations of its AED75 million ($20.4 million) factory in Dubai, expanding its footprint in the region. The dairy production facility occupies a built-up area of 100,000 square feet in Dubai Industrial City, …
Nigeria’s TGI Group starts $20mln dairy factory in Dubai Read More »
