Darling Ingredients Inc. Reports Strong Second Quarter Performance with Net Income of $252 Million
Company's Revenue Surges to $1.76 Billion, Marking a Significant Growth
By USInMinutes
Published - Aug 10, 2023, 09:32 AM ET
Last Updated - Aug 10, 2023, 09:32 AM EDT
Darling Ingredients Inc.(DAR), a global leader in sustainabl e food, feed, and fuel ingredients, announced its financial results for the second quarter ended July 1, 2023. The company reported impressive figures in both net income and revenue, showcasing its resilience and growth trajectory despite economic challenges.
Net Income and Loss
The consolidated financial statements reveal that Darling Ingredients achieved a **net income of $252.4 million** for the second quarter of 2023. This reflects a robust performance, highlighting the company's strategic initiatives and effective cost management.