Animal Protein - Other

Animal Protein - Other (“APO”) segment covers our operations in other emerging Asian markets of Vietnam, Myanmar, India and Bangladesh, where we produce high-quality animal feed, poultry and swine.

As part of our diversification strategy, we have successfully replicated our industrialised, vertically integrated business model for poultry production in Vietnam, India, Myanmar and Bangladesh. We also replicated our industrialised model into a new protein when we have established our swine operations in Vietnam.

Footnote:
Company's own estimates, 2023.

Our APO operations play a key role in the Group’s diversification strategy to ensure long term sustainable earnings.

Our operations are vertically integrated along the value chain of animal protein production from feed manufacturing and breeding to producing commercial livestock.

Our animal feed is among the most recognised in the market due to its consistent quality and effective feed conversion ratio. Our products are formulated by our nutritionist to suit livestock need and tropical weather conditions. This is supported by a centralised procurement office in Singapore that sources grain commodities and other animal feed ingredients globally.

We have harnessed the use of technology and genetics to build poultry breeding pyramids across different countries in Emerging Asia and a swine breeding pyramid in Vietnam. We partner with world-leading genetics companies to breed high performance parent livestock in modern farm facilities using advanced management systems. In collaboration with Aviagen, a world leading supplier of poultry genetics, we are able to deliver high performance DOCs that are adapted to tropical conditions. In Vietnam, we partner with Hypor, a world leader swine genetics supplier, to build our swine breeding pyramid from Great Grandparent swine stock.

In addition, we help thousands of farmers succeed commercially with a full range of customized animal nutrition, quality breeder livestock and technical assistance.

APO VIETNAM

In Vietnam we produce poultry and swine feed for our own operations and for sale to third parties.

Our poultry operations in Vietnam are integrated from feed and breeding to commercial farming. By leveraging on our strong farming expertise, we have been able to replicate our industrialised business model for poultry production and build a poultry pyramid starting from our own Grand Parents farms.

Few years ago we also started colour bird as a new poultry product line. Colour bird is mainly served in high-end restaurants and households, thus representing a different market than the broiler chicken that is typically consumed in factory and school canteens.

In addition to our poultry operations in Vietnam, where pork is the preferred source of animal protein, we began manufacturing swine feed and marketing a high-performance breed of piglets to commercial farmers for fattening. We have built a swine breeding pyramid starting from a Great Grand Parent stock farm ten years ago. This allows us to have sufficient genetic stock to feed our vertically integrated system. Our modern swine breeding and fattening farms are equipped with the latest technologies.

APO INDIA
We have poultry operations in India with a clear focus on producing premium quality poultry feed, mainly for sale to the third parties. More recently, we started production of feed for other species, such as cattle, fish and swine, and we are also looking to develop our downstream segment.

APO MYANMAR
We operate an integrated poultry operation in Myanmar where we have top 3 market positions in both feed and DOC.

APO BANGLADESH
In Bangladesh, our main focus is the production of poultry feed and we are in the start-up phase for this business.