{"id":32040,"date":"2025-07-23T20:26:10","date_gmt":"2025-07-23T20:26:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/32040\/"},"modified":"2025-07-23T20:26:10","modified_gmt":"2025-07-23T20:26:10","slug":"genus-abs-reports-72m-pre-tax-profit-with-strong-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/32040\/","title":{"rendered":"Genus ABS reports \u00a372m pre-tax profit with strong growth"},"content":{"rendered":"<p>\n  The company operates in over 75 countries, marketing <a href=\"https:\/\/www.thescottishfarmer.co.uk\/livestock\/\" rel=\"nofollow noopener\" target=\"_blank\">livestock<\/a> breeding products under the &#8216;ABS&#8217; (cattle) and &#8216;PIC&#8217; (pigs) brands.\n<\/p>\n<p>\n  The group highlights include strong underlying group trading, with ABS performing ahead of expectations. Phase 2 of Genus\u2019s investment strategy realised an \u00a38.5 million benefit. Americas and Asia regions showed continued strong performance.\n<\/p>\n<p>\n  Genus received a \u00a33.7 million net benefit following the U.S. FDA&#8217;s approval of its PRRS2 Resistant Pig gene edit for use in US food supply.\n<\/p>\n<p>\n  This includes a $5.5 million (\u00a34.1 million) milestone payment from Chinese partner Beijing Capital Agribusiness.\n<\/p>\n<p>\n  Genus continues to lead innovation in genetic improvement for livestock, supporting global food production.<\/p>\n","protected":false},"excerpt":{"rendered":"The company operates in over 75 countries, marketing livestock breeding products under the &#8216;ABS&#8217; (cattle) and &#8216;PIC&#8217; (pigs)&hellip;\n","protected":false},"author":2,"featured_media":32041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[200,79],"class_list":["post-32040","post","type-post","status-publish","format-standard","has-post-thumbnail","category-genetics","tag-genetics","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/32040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=32040"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/32040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/32041"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=32040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=32040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=32040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}