Overall sales increased by 13.8 per cent to $995.8 million, but the plant protein division’s sales increased by 30 per cent.
President and chief executive officer Michael McCain said the company will continue to invest in expanding the plant protein business.
The problem in the third quarter was an “erratic” pork market, the company said. Prices bounced around and China suspended pork imports from Canada.
The company said it expects things will settle down and the meat business will benefit.