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Philippines’ poultry integrator and animal feed manufacturer, Vitarich Corp. is expecting an 8% jump in output after concluding its Memorandum of Agreement (MOA) with Broilers Club, Inc. (BCI).
Vitarich Corp. has finalised agreement on 1 September to buy BCI farm facilities in Davao del Sur for up to Pesos 280 million (US$4.91 million). The facilities will be used as Vitarich’s breeder farm, while BCI will become its subsidiary.
Vitarich sells chicken and dory fish to hotels, restaurants, supermarkets, and wet markets nationwide.
In the first quarter of 2025, the company reported a net income of Pesos 241.6 million (US$4.23 million), surging from just Pesos 620,959 (US$10,881) a year ago.
