yes elders imports processes and distributes Australian meat in china through elders fine foods. If you look at their final year report you will see that they are expected to close elders fine foods china in fy23 due to covid and continued low sales.
there was $12m in fine foods sales in fy22. fy22 total sales is $3.4b so its like 0.3% of sales. pretty insignificant but impacts margins due to the costs of operation. China fine foods business was running at a loss for last 2 years and contributing to 1% emissions so its a decent move given future uncertainties.
Id say they will still sell to china but not operate there. It would be hard to distinguish the rest of their overall revenue with selling to china as it all would go through agency services. so I wouldn't pay to much attention to it as the agency service simply sells to whoever is buying around the globe. If it's china then it goes there.
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