News Article | May 15, 2017
BEIJING, May 15, 2017 /PRNewswire/ -- Chinese enterprises can play a critical role in supporting the Belt and Road regions to achieve the 2030 Agenda for Sustainable Development, says the United Nations Development Programme (UNDP) in the 2017 Report on the Sustainable Development of Chinese Enterprises Overseas, launched today during the Belt and Road Forum in Beijing. This is the second report to review and provide recommendations on the sustainable practices of Chinese companies operating overseas. Produced in cooperation with the Chinese Academy of International Trade and Economic Cooperation (CAITEC) of the Ministry of Commerce (MOFCOM) and the Research Center of State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council, the report provides concrete analysis and recommendations on the potential impact of Chinese enterprises operating in Belt and Road regions and the realization of the 2030 Agenda in host countries. The report was launched during the high-level Belt and Road Forum (BRF) by UNDP Administrator a.i, Tegegnework Gettu. "As the growth engine in most developing and developed countries, the private sector contributes significantly to poverty eradication and creating and aggregate income and wealth by generating and providing affordable goods and services," said Gettu. "UNDP hopes the report can serve as a reference, both in principle and in practice, for Chinese enterprises at home and abroad in facilitating the implementation of the 2030 Agenda in Belt and Road regions and build a community of shared interests and responsibility which enhances economic, social and environmental value in a sustainable way," he added. The report highlights the linkages between the 2030 Agenda, the Belt and Road Initiative and the actions of Chinese enterprises operating overseas. These include improving infrastructure, upgrading industries, creating jobs, technology transfer and implementing ecological civilization, all areas that Chinese enterprises are already engaged in and are called on to accelerate by both the BRI and the 2030 Agenda. In 2016, China's non-financial outward direct investment (ODI) reached US$170.11 billion, an increase of 44.1% from 2015. Chinese companies invested in 7,961 overseas enterprises in 164 countries and regions. About 2.8 million jobs were created by Chinese enterprises by the end of 2015, including 1.2 million non-Chinese employees. The report surveyed 543 Chinese enterprises doing business in the Belt and Road regions and collected opinions from 38 stakeholder representatives. It also includes 18 case studies of Chinese invested overseas projects that showcase best practices in green and sustainable economic development benefitting local communities and contributing to poverty reduction. Survey results show that Chinese enterprises investing in the Belt and Road countries have already developed relatively high levels of awareness of corporate social responsibility, and have in fact invested in the public welfare of local communities. They have made significant strides in the localization of employment, ensuring equal treatment of local and Chinese employees with regards to pay and training, and in applying local labour, health and safety and environmental regulations. However, survey results also show that there are still improvements to be made by Chinese enterprises, in terms of systematic analysis of social and environmental risks, establishing strategic management systems for sustainable development, strengthening information disclosure and enhancing communications with stakeholders. Overseas Chinese enterprises are increasingly contributing to sustainable development in ways that are mutually beneficial to themselves and to the local community. The vision provided by the BRI as well as support from the Chinese government and other stakeholders are creating an enabling environment for Chinese enterprises to take advantage of profitable business opportunities while also contributing to the sustainable development of countries along the Belt and Road. Please click link to download the report. The video report, produced by Phoenix TV "The Odyssey of Dragon" Programme, will be broadcasted on every Sunday from May 14th to June 4th. UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone. On the ground in around 170 countries and territories, we offer global perspective and local insight to help empower lives and build resilient nations. www.undp.org Get in touch: UNDP on Weibo | Media Contacts | WeChat ID: undpchina More resources: Our work | UNDP News
News Article | May 12, 2017
For the first time since the end of 2015, BRF presented in the Brazilian market an annual growth in processed products volumes. It closed the quarter with an EBITDA margin of 14.7%, which was 3.7 percentage points above the reported in the fourth quarter of 2016 and 1.0 percentage point above 2016. If we were to exclude the seasonal effect of seasonal products in 4Q16, the sequential growth of processed products volumes would be of +4.4%. If we analyze the main channels, both Key Account and Traditional channels had a larger annual growth, at 7.5% and 6.0% respectively. In the international market, the current outlook remains challenging. Besides the high level of inventories in general, we had an exchange rate appreciation of almost 20% compared to last year. Additionally, sales still carry a high cost of production due to last year´s cost of grains. At the end of the quarter, we also had some markets temporarily closed. Even so, in the Gulf region (Middle East), we experienced a significant improvement in market share, with an increase of 4.4. p.p. in comparison to last year, growing in major markets like Saudi Arabia and in categories such as griller, processed meat and chicken cuts. Notwithstanding, the company was also affected by Operation Weak Flesh and this requested even more focus, discipline and engagement of all our employees. The company reacted fast and adopted measures to clarify facts, showing transparency and agility on its communication with its stakeholders, as well as cooperating with the responsible authorities. Lastly, we keep highly committed and confident about the strength of BRF, the quality of our products and brands, the strategy we have pursued in the last years, and the reversion of the results. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/brf-1q17-results-300456610.html
News Article | May 16, 2017
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, is continuing to investigate potential securities claims on behalf of shareholders of BRF S.A. (NYSE: BRFS) resulting from allegations that BRF may have issued materially misleading business information to the investing public. On March 17, 2017, news outlets reported that Brazilian federal police raided the offices of BRF and dozens of other meatpacker following a two-year investigation into alleged bribery of regulators to subvert inspections of their plants. The probe, known as “Operation Weak Flesh,” had uncovered about 40 cases of meatpackers who had bribed inspectors and politicians to overlook unsanitary practices such as processing rotten meat and running plants with traces of salmonella. Police arrested three BRF employees, as well as 20 public officials. On this news, shares of BRF fell $0.99 per share or 7% to close at $11.81 per share on March 17, 2017. Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by BRF investors. If you purchased shares of BRF please visit the firm’s website at http://www.rosenlegal.com/cases-1090.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
News Article | April 26, 2017
SAO PAULO, April 25, 2017 /PRNewswire/ -- BRF S.A. (" " or " ") (BM&FBovespa: BRFS3; NYSE: BRFS) announces that it has filed today its Annual Report on Form 20-F for the year ended December 31, 2016 (" ") with the U.S. Securities and Exchange Commission (" "). In compliance with the New York Stock Exchange rules, the Form 20-F is available on our website at http://www.brf-br.com. In addition, all shareholders of BRF may request, free of charge, a hard copy of BRF's complete audited financial statements filed with the SEC. To request a hard copy of BRF's audited financial statements or to confirm or clarify this press release, please contact the Investor Relations Department of BRF, whose contact information is as follows:
News Article | April 25, 2017
Global Margarine Industry Report covering market by types, Regions, Application, and leading vendor’s profile based on sales, price, sales regions, products, profile etc.Pune, India - April 25, 2017 /MarketersMedia/ — Global Margarine Market 2012- 2022 Report provides detailed analysis of market in 9 chapters with required tables and figures. Access this report at https://www.themarketreports.com/report/global-margarine-market-research-2011-2022 Global Margarine Market report classifies Margarine types as Hydrogenation and Non-hydrogenation. Applications covered in this report are Residential and Commercial. This report also provides key analysis for the geographical regions like Europe, North America, China, Japan & Korea. Companies like Unilever, Bunge, NMGK Group, ConAgra, Zydus Cadila, Wilmar-International, Fuji Oil, BRF, Yidiz Holding, Grupo Lala, NamChow, Sunnyfoods, Cargill, COFCO, Uni-President and more are profiled in this report providing information on sale, price, sales regions, products and overview. Purchase a copy of this report at: https://www.themarketreports.com/report/buy-now/483930 Table of Contents: 1 Market Overview 1.1 Objectives of Research 1.2 Market Segment 2 Industry Chain 2.1 Industry Chain Structure 2.2 Upstream 2.3 Market 3 Environmental Analysis 3.1 Policy 3.2 Economic 3.3 Technology 3.4 Market Entry 4 Major Vendors 5 Market/Vendors Distribution 5.1 Regional Distribution 5.2 Product and Application 6 Regions Market 6.1 Global 6.2 Europe 6.3 North America 6.4 China 6.5 Japan & Korea 6.6 Trade 7 Forecast 7.1 Market Trends 7.2 Segment Forecast 8 Marketing Overview 8.1 Ex-factory Price 8.2 Buyer Price 8.3 Price Factors 8.4 Marketing Channel 9 Conclusion Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/483930 Contact Info:Name: Shirsh GuptaEmail: firstname.lastname@example.orgOrganization: The Market ReportsAddress: SF-29, Sacred World, Wanawadi, PunePhone: 6314071315Source URL: http://marketersmedia.com/global-margarine-market-is-estimated-to-reach-27-7-billion-usd-in-2017/189968For more information, please visit https://www.themarketreports.com/report/global-margarine-market-research-2011-2022Source: MarketersMediaRelease ID: 189968
News Article | February 15, 2017
TORONTO, ONTARIO--(Marketwired - Feb. 14, 2017) - Brompton Funds Limited (the "Manager") is pleased to announce the completion of the tax-deferred transfer of assets of Brompton 2015 Flow-Through Limited Partnership (the "Partnership"). The Partnership has transferred all of its assets to Brompton Resource Class ("BRF"), a class of Brompton Mutual Funds Limited in exchange for Series B Shares of BRF. The Partnership will be dissolved on or about February 28, 2017. Series B Shares of BRF were issued at a net asset value per share of $0.7151. The final net asset value per unit of the Partnership was $23.5274 which represents an after-tax return of 48.2% over the life of the Partnership(1). Partnership units were converted at a rate of 32.900853 Series B Shares of BRF for each Partnership unit. The Series B Shares will offer daily liquidity through FundServ as soon as possible once investment advisors have reconciled positions with FundServ, under fund code CAM 151. BRF provides Canadian investors with exposure to a broad array of investments in the natural resource sectors. BRF's investment objective is to provide the potential for long-term growth of capital and to a lesser extent, the production of income. BRF offers daily subscriptions and redemptions. The portfolio managers of BRF are Laura Lau and Mike Clare, who are also the portfolio managers for the Brompton Flow-Through Limited Partnerships. BRF will not charge a fee or commission when the Series B shares are issued under the mutual fund rollover transaction and will not charge redemption fees in respect of such Series B Shares. BRF will not issue certificates for Series B Shares. BRF is a fund class of Brompton Mutual Funds Limited which is a mutual fund corporation incorporated under the laws of Canada. BRF securities are sold under a continuous offering prospectus and BRF is a reporting issuer for securities law purposes in all provinces and territories of Canada. The prospectus contains important information about BRF, including investment strategy, fees and risks. Brompton encourages all investors to read the prospectus for all other terms and conditions of BRF. Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2 billion in assets under management. Brompton's investment solutions include TSX traded funds, mutual funds and flow-through limited partnerships. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email email@example.com or visit our website at www.bromptongroup.com. (1) The after-tax return is unaudited and assumes: (i) $25.00 per unit is deducted by investors; (ii) highest marginal tax rate in Ontario; (iii) each unit has an adjusted cost base of nil; and (iv) disposition at the February 13, 2017 net asset value per unit. The pre-tax return of the Partnership was 2.0% from inception to February 13, 2017 based on net asset value per unit. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the Partnership in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read BRF's prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Partnership, BRF, to the future outlook of the Partnership and BRF and anticipated events or results and may include statements regarding the future financial performance of the Partnership and BRF. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
News Article | February 8, 2017
Sarasota, FL, Feb. 08, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Processed Meat Market (Cured Processed, Uncured Processed and Others) by Meat Type (Poultry, Pork, Mutton, Beef and Other); by Types (Chilled Processed Meat, Frozen Processed Meat, Canned/Preserved Meat and Meat Products and Frozen Processed Red Meat): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the global processed meat market was valued at around USD 714.00 billion in 2016 and is expected to reach approximately USD 1,567.00 billion by 2022, growing at a CAGR of around 14.0% between 2017 and 2022. Processed meat is derived from the processing and treatment of meat to prolong its shelf life and to enhance its taste. Meat is mainly processed to improve its shelf life, quality and preserve it from decay and to add flavors to its original composition. Browse through 82 Market Tables and 25 Figures spread through 110 Pages and in-depth TOC on “Global Processed Meat Market: By Type, Product, Size, Share, Trends, Segments, Analysis, Segment and Forecast 2016 – 2022”. Processed meat is expected to exhibit high gains in light of increasing demand for processed meat coupled with increasing disposable income in emerging countries. Moreover, rising consumer awareness regarding animal protein rich diet and large varieties of processed meat available in the market at lower prices is further expected to boost the demand for processed meat. However, health awareness regarding consumption of processed meat due to its side effects may curb the market growth. Nonetheless, meat consumption in developing countries is continuously increasing. Thus, increasing demand from emerging economies is expected to open up new growth opportunities within the forecast period. Some of the key products include cured processed, uncured processed and others. In terms of volume, cured processed was the largest segment and is expected to witness exponential growth in the near future. These products contain nitrites, which used to prevent the growth of pathogenic bacteria and increase the shelf life of the meat. Uncured poultry meat is another key outlet of this market. Browse the full "Processed Meat Market (Cured Processed, Uncured Processed and Others) by Meat Type (Poultry, Pork, Mutton, Beef and Other); by Types (Chilled Processed Meat, Frozen Processed Meat, Canned/Preserved Meat and Meat Products and Frozen Processed Red Meat): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022" report at https://www.zionmarketresearch.com/report/processed-meat-market Processed meat market can be categorized on the basis of meat type into poultry, pork, mutton, beef and other processed meat. Processed poultry dominated the segment of this market and it accounted for significant share of the overall market in 2016. Processed pork is expected to witness the fastest growth over the years to come. This growth can be attributed to growing demand for different processed pork products such as sausages, bacon, hamburgers, and trotters. Based on types, the processed meat market can be segmented into chilled processed meat, frozen processed meat, canned/preserved meat and meat products and frozen processed red meat. Chilled processed meat was the leading segment and is expected to show strong growth within the forecast period. This is mainly due to increase demand for quick meal. Frozen processed meat is also expected to show significant growth in the years to come. Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/processed-meat-market North America’s dominance in the processed meat market is expected to continue in the years to come, primarily driven by the U.S. market. North America accounted for over 30% share of total market share in 2016. Increasing population coupled with high demand for protein products is further expected to drive the market growth in the years to come. Increasing consumption of red meat in Mexico is expected to have a positive impact on the growth of the market. Asia Pacific is another key market in the global processed meat market. This growth is mainly attributed to strong economic growth coupled with increasing demand for processed meat. Moreover, increasing in food service and retail industry in Asia has led to increased supply of processed meat products. China over the last decade has emerged as the largest consumer of processed meat market. In Europe consumption of processed meat has slowed down due to increasing awareness among the people about the health hazards of processed meat. Russia is expected to witness the fastest growth rate in Europe on account of increasing demand for processed meat. Middle East & Africa is estimated to witness significant growth during the forecast period. Increasing demand for instant food has, in turn, made the region a potential growth of processed meat market. Latin America is another key region expected to exhibit substantial growth in the years to come. The Latin America processed meat market is led by Brazil. Also, rising demand for meat as a source of protein is expected to drive the market growth in the near future. Some of the key players operating in this market such as JBS SA, Pilgrims Pride Corp., Sysco Corp., Advance Pierre Foods, Hormel Food, Tyson Foods Inc., Cargill Inc., Keystone Foods, Sanderson farms, BRF S.A., Marfrig Group and others. The major players in the market are focused on the expansion of the business by different new strategies such as setting up the new plant to increase production capacity and also extending the product line. For more inquiry contact our sales team @ firstname.lastname@example.org This report segments the global processed meat market as follows: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
News Article | February 15, 2017
A new report published by Allied Market Research, titled, "Chilled and Deli Food Market by Type: Global Opportunity Analysis and Industry Forecast, 2014 - 2022", projects that the chilled and deli food market is expected to reach $1,051,554 million by 2022 from $846,080 million in 2015, with a CAGR of 3.2% from 2016 to 2022. Pies and savory appetizers coupled with meat segment are expected to grow at a high growth rate, in terms of revenue, with a CAGR of 3.4% and 3.3%, respectively. Summary of the Chilled and Deli Food Market Report can be accessed on the website at: https://www.alliedmarketresearch.com/chilled-and-deli-food-market Chilled and deli food items are ready to eat products which can be readily consumed and stored at low temperatures. The global chilled and deli food market is expected to witness notable growth in the coming years due to the increasing demand for ready to eat products. Chilled and deli food has become an important part of the lifestyle demographic because of the rising usage of preserved food products in daily life. According to Eswara Prasad, Team Lead, Chemicals & Materials at Allied Market Research, "though prepacked sandwiches are widely consumed due to their expedient utility and healthy properties, with the decrease in prices and calorie content, and the development of better preservation procedures, consumers are expected to switch to other options such as salads and savory appetizers." The global prepacked sandwiches market is witnessing steady growth and is estimated to dominate nearly two-fifths of the global chilled and deli food market in terms of revenue by 2022 at a CAGR of 3.1%. Growing demand in the packaged food industry and rising consumption of healthier food products in the food and beverages industry is attributed for this growth, however, unstable price of raw material is limiting the growth of the market. Based on type, pies and savory appetizers is the fastest growing segment. It is expected that this segment would dominate the market continuously in terms of growth in the coming years with highest growth rate at a CAGR of 3.4% for the forecast period. • Though Asia-Pacific is projected to continue to dominate the chilled and deli food market, LAMEA will grow at a higher CAGR of 4.0%, in terms of revenue. • North America accounted for more than one-fourth share of the chilled and deli food market, in revenue, with a CAGR of 2.6%. • China dominated in the Asia-Pacific chilled and deli food market, and is expected to grow at a CAGR of 4.0%, in revenue terms. • The meats segment of the chilled and deli food market is expected to grow with a CAGR of 3.3%, during the forecast period. • Latin America dominated the chilled and deli food market in LAMEA region with nearly half the market share, and is estimated to grow at a CAGR of 5.6%, during 2016-2022. Summary of similar reports can be viewed at: Based on geography, the market is segmented into North America, Europe, Asia pacific and LAMEA. Asia-Pacific was the highest revenue-generating region and is expected to grow at a CAGR of 3.8%. LAMEA is anticipated to register significant growth in the forecast period followed by North America and Europe with a CAGR of 4.0%. The key players in the global chilled and deli food market in are Samworth Brothers Ltd., Tyson Foods Inc., Hormel Foods Corporation, JBS S.A., Kraft Foods Group Inc., BRF S.A., Astral Foods Ltd., 2 Sisters Food Group, Waitrose Ltd., and Wm Morrison Supermarkets Plc, among others. Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
News Article | February 24, 2017
NEW YORK, February 24, 2017 /PRNewswire/ -- Stock-Callers.com highlights the following stocks for assessment this morning: Tyson Foods Inc. (NYSE: TSN), Hormel Foods Corp. (NYSE: HRL), Dean Foods Co. (NYSE: DF), and BRF S.A. (NYSE: BRFS). According to Deloitte's Center for the Edge...
News Article | February 24, 2017
SAO PAULO, Feb. 23, 2017 /PRNewswire/ -- BRF achieved net operating revenues of R$ 8.59 billion (+1% QOQ) in the fourth quarter of 2016. Gross profit was R$ 1.69 billion (-10.1% QOQ), and the gross margin, 19.7%, 2.4 p.p. below the third quarter of the same year. EBITDA for the...