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    Apollo Foods saw its 2Q profit drop 55% in 2016 as sales fell and costs rose. In 2018, Fonterra partnered with Apollo Foods to develop new beverage technology. In 2020, Apollo Foods temporarily ceased operations at some premises. Apollo Foods' 4Q net profit fell 35% in 2022 and the company remains cautious about ongoing challenges from the Russia-Ukraine conflict and other economic factors.

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    Apollo Foods saw its 2Q profit drop 55% in 2016 as sales fell and costs rose. In 2018, Fonterra partnered with Apollo Foods to develop new beverage technology. In 2020, Apollo Foods temporarily ceased operations at some premises. Apollo Foods' 4Q net profit fell 35% in 2022 and the company remains cautious about ongoing challenges from the Russia-Ukraine conflict and other economic factors.

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    24 views1 page

    Apollo Food Holding Company Reference

    Uploaded by

    yaohonglam11
    Apollo Foods saw its 2Q profit drop 55% in 2016 as sales fell and costs rose. In 2018, Fonterra partnered with Apollo Foods to develop new beverage technology. In 2020, Apollo Foods temporarily ceased operations at some premises. Apollo Foods' 4Q net profit fell 35% in 2022 and the company remains cautious about ongoing challenges from the Russia-Ukraine conflict and other economic factors.

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    © All Rights Reserved
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    of 1

    Wong Ee Lin/The Edge Financial (2016, December 30).

    Apollo Food 2Q profit slumps 55%


    as sales fall, costs rise. The Edge Markets.
    https://www.theedgemarkets.com/article/apollo-food-2q-profit-slumps-55-sales-fall-
    costs-rise

    Dairy & Infant Foods. (2018, April 13). Fonterra partners with Apollo Foods in new
    technology to boost beverage market. Food Business Africa.
    https://www.foodbusinessafrica.com/fonterra-partners-with-apollo-foods-in-new-
    technology-to-boost-beverage-market/

    Sunbiz. (2020, December 15). Apollo food premises to temporarily cease operations.
    www.thesundaily.my.
    https://www.thesundaily.my/business/apollo-food-premises-to-temporarily-cease-
    operations-MF5645907

    Online, T. S. (2022, June 24). Apollo 4Q Net Profit Falls 35% to rm3.8mil. The Star.
    https://www.thestar.com.my/business/business-news/2022/06/24/apollo-4q-net-profit-
    falls-35-to-rm38mil

    Consultancy.eu. (2022, July 13). How the Russia-Ukraine conflict is impacting supply chains.
    Consultancy.eu.
    https://www.consultancy.eu/news/7993/how-the-russia-ukraine-conflict-is-impacting-
    supply-chains

    Online, T. S. (2022, September 28). Apollo food cautious about challenges ahead. The Star.
    https://www.thestar.com.my/business/business-news/2022/09/28/apollo-food-cautious-
    about-challenges-ahead

    Maverick, J. B. (2022, November 22). What is the best measure of a company's financial
    health? Investopedia.
    https://www.investopedia.com/articles/investing/061916/what-best-measure-companys-
    financial-health.asp

    Frue, K. (2022, December 4). Pest analysis ultimate guide: Definition, template, examples.
    PESTLE Analysis.
    https://pestleanalysis.com/pest-analysis/

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