By Ted Chen / Staff reporterDaBomb Protein Corp (達邦蛋白), which makes advanced soybean meal animal feed, is optimistic about business growth in China as the country tightens regulatory standards in light of rising food safety risks. The agricultural technology company manufactures soybean meal with its proprietary peptide hydrolysis technology that has several benefits for livestock, including boosting animals’ immune system, balancing their intestinal microflora and high protein digestibility. The company’s advanced soybean meal is designed to cut reliance on harmful antibiotic additives and has earned Hazard Analysis and Critical Control Point (HACCP) and ISO 22000 certifications from SGS SA. However, several risks remain for the company, including its reliance on soybean imports, and vulnerability to commodity pricing and foreign exchange volatility, the company said in its listing filings. In the April-to-June quarter, the company’s net income grew 65.02 percent annually to NT$7 million, while sales grew 7.06 percent to NT$562 million.

Source: Taipei Times August 16, 2018 15:56 UTC