Swift Foods Inc. Stock Analysis SFI.PM

Swift Foods, Inc. engages in the poultry business. Its segments are the poultry and leasing business. The firm's agribusiness division produces and sells poultry products: live and dressed/ processed chicken. Its poultry production involves two processes: broiler growing operations and dressing/processing operations. Day-old chicks are bred on rented farms and contract growers' farms for about 32 days. Harvested broiler chickens are sent to the rented dressing plant for slaughtering/processing. Its contract growers provide services: housing for the birds that meet the Company's requirements and broiler specifications; labor for day-to-day operations of the farm; and overhead costs such as water, electricity, and fuel. The firm's poultry production facility consists of one broiler farm located in Tanay, Rizal.