The meatfree meat-producing company is still loss-making

The California-based Beyond Meat released its fourth-quarter report, and while the company is still loss-making, it has lost much less than a year earlier due to strong demand growth, origo wrote after ABC News.

image: foodnavigator.com

The El Segundo-based company made its stock market debut last year and reported a 452,000 USD ( 139.1 million HUF) loss in its fourth quarter report, much lower than a year earlier, when it was still close to 7.5 million USD (2.3 billion HUF). (origo)