Bairaha enters export market

Fortune G-P Farms Lanka Ltd., which is an associate company of Bairaha Farms PLC, entered the export market, with the export of two consignments of Parent Breeder Chicks to Nepal.

The consignments consisted of 6,000 Parent Chicks valued at Rs. 2.5 Million.

A single Parent bird has the ability to breed about 130 broiler chicks during its life span. Local breeding companies require a total estimated 812,000 birds annually.

Until recently, 85% of this requirement was imported, but now Fortune G-P Farms (Lanka) Ltd. (FGPFL), has the capacity to supply nearly 50% of the local requirement.

The cost of an imported Parent Breeder Chick is around US$4.

Local breeding companies have an edge in buying these breeding chicks from Sri Lanka since there are cost savings and there is no hassle of clearing chicks from Customs, in addition to being able to get the supplies locally with minimum stress for chicks from transportation.