date:Sep 19, 2012
s for the business were up 15% from US$12.54m to US$14.36m, driven by increases in the palm oil sector.
The company said the beef business had been hit by a double blow of declining cattle prices and a slackening of demand in the south-east Asian market.
Peter Hadsley-Chaplin, chairman of M P Evans, was optimistic: Overall, the group has performed well in the first half of 2012. Although the beef-cattle operations suffered a loss in the first half, the prospects for Australian beef remains fav