John Simpson: Dunbia a great example in their field
Dunbia remains one of the leading red meat processors in Northern Ireland after almost 40 years working in the industry.
According to economist John Simpson, its success and expansion - including its recent acquisition of several other firms - highlights Northern Ireland's growing strength in the red meat industry.
"It looks as if the firm has been reasonably successful, given the latest figures," he said. "Dunbia is a good example of a firm which shows Northern Ireland is a good place to get involved in the red meat trade."
He said a drop in profits had been down to the company's expansion through a major new contract.
"Their profits have been stable - going down slightly on the basis of trying to build a successful company.
"In my view, the red meat industry is Northern Ireland's leading processing sector.
"Dunbia is one of the firms we look to in the industry - they are a leading example in their field."
Meanwhile, rumours had circulated some years ago over whether Dungannon-based Dunbia may have been at the centre of a possible takeover bid by multi-billion pound Moy Park owner Marfrig.
At the time the firm poured cold water on speculation of a possible bid by the Brazilian meat processing giant.
Last August, Dunbia appointed a former director of Moy Park, Tony O'Neill.
Mr O'Neill took over as the firm's new deputy chief executive in September 1, and is responsible for Dunbia's UK and Ireland business.