Belize - Belize News - Channel5Belize.com - Great Belize Productions - Belize Breaking News
Home » Agriculture » No Price Increase says Quality Poultry Products
Sep 17, 2020

No Price Increase says Quality Poultry Products

Raymond Barkman

According to Barkman, even though the COVID-19 pandemic is still affecting businesses, consumers should not expect Quality Poultry Products to increase its prices. Barkman explains that the company’s philosophy is volume over profits.

 

Raymond Barkman, General Manager, Quality Poultry Products

“We did not raise any prices during COVID and currently like I had mentioned previously we are going through this together with everyone. And see how far we can get without having to raise any chicken prices whatsoever. So that is also a raise to parts.”

 

Hipolito Novelo

Would you say that the company’s revenue stream is normal or regular because speaking about increase of prices COVID has stressed a lot of companies and business but you are saying that the revenues that the company is collecting now would not force you guys to raise prices anytime soon?

 

Raymond Barkman

“Well, not currently. Remember volume is key. So the sooner we can get back to our volume obviously the better is it. Here at Quality our philosophy is we believe in volume over price because when you have volume you can work with a smaller profit margin than what you are selling a little bit in a high price. Might not have the same profit but we believe in volume over profit and here is why. There is along chain behind Quality. Remember we have the corn farmers and we have all the farmers who want to grow more grain so it is in our best interest to keep volume a priority over profits. But I mean of course we have this year we have lost a lot of money probably like every company but I mean of course we have had our financial difficulties but we decided we would plow this through for now and see where the future holds us.”


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

Advertise Here

Comments are closed