Friday, February 22, 2013

Mexican poultry producer releases fourth quarter and 2012 results


    Industrias Bachoco, a Mexican poultry producer, announced its unaudited results for the fourth quarter and full year 2012 ended December 31, 2012. All figures have been prepared in accordance with International Financial Reporting Standard.
    Net sales increased 25 percent and 41 percent in the fourth quarter and in 2012 respectively, mainly as a result of the integration of the Company's new operation in the United States.
    Earnings per share totaled MEX$3.6 million in 2012.

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