Weak demand and high inventories lead to widespread losses across pork and poultry supply chains.
The company is setting up Kenchic Mtaani outlets in high-traffic areas to gain more control over its meat distribution.
193 farms impacted by H5 outbreaks to receive partial compensation
Target aims to produce 100,000 metric tonnes of poultry meat annually and reduce dependence on frozen imports.
The Danish meat producer hands over its Pinghu facility to COFCO-owned company as part of a wider business shift.