June 22 (Reuters) - Beston Global Food Company Ltd (BFC) :
- INTENDS TO DISCONTINUE AND DIVEST ITS PROVINCIAL FOOD GROUP MEAT AND PLANT-BASED MEATS SECONDARY PROCESS BUSINESS, AMONG OTHERS
- DECISION WILL ENABLE BFC TO FOCUS ON ITS DAIRY AND DAIRY NUTRITION BUSINESS
- ON STANDALONE BASIS, BFC'S DAIRY BUSINESS SET FOR SALES OF OVER A$170 MILLION AND TRADING EBITDA OF A$5 MILLION IN FY23
- PROCEEDS OF ANY DIVESTMENTS WILL BE USED TO PAY DOWN DEBT
News: BFC Beston Global Food Intends To Discontinue Provincial Food Group Meat Business
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