Smithfield Foods Inc. says it had a record operating profit of $447 million in the first half of the year, led by its fresh pork division.
The world’s largest pork processor reported net income of nearly $138 million in the second quarter, up 32 percent compared with a year earlier. In the first six months, the Smithfield-based company’s net income grew by 29 percent to $259 million.
Sales were flat or lower in the second quarter and first half of the year, but the cost to raise ho
