Agribusiness
Wilmar set to weather through trade jitters
It is poised to be the largest downstream player in palm oil processing.
Wilmar set to weather through trade jitters
It is poised to be the largest downstream player in palm oil processing.
Olam International Q3 profits fell 14.2% to $20.7m
It blamed tough trading conditions in coffee and weaker performance from its peanut business and commodity financial services.
Golden Agri-Resources hit by $74.51m loss in Q3
Revenue from the oilseeds segment dropped 23.2% to $499.93m.
Wilmar Q3 profits jumped 18.2% to US$434.91m
It was backed by higher sales especially in its tropical oils segment.
First Resources Q3 profits climbed 22.2% to $53.76m
The increase was mainly driven by higher production volumes.
Chart of the Day: Here are the returns of the 5 biggest agri stocks in Q3
Wilmar’s returns hit 6.4%.
Weak crude palm oil prices could hurt Golden Agri
Demand contraction in EU and India could persist.
Here's a silver lining for agri stocks amidst the escalating trade war
Wilmar International and First Resources could benefit from cost reduction due to their currency exposure in Indonesian rupiah.
SEEDS Capital on the lookout for partners to invest in agrifood tech
They will provide up to $4m per deep tech startup.
Wilmar International buys rival Bunge's sugar operations
It includes both raw and refined sugar contracts.
Acquisitions could bolster Wilmar International to access new markets
The firm is on a buying spree with the latest acquisition priced at US$600m.
Wilmar International eyes China IPO
China contributed around 60% to the firm's pre-tax profits.
Golden Agri hit by $53.6m Q2 loss amidst weaker palm oil prices
Its oilseeds segment also succumbed to uncertainties caused by the trade wars.
Olam International profit crashed 36.4% to $93.91m in Q2
Weaker performance from the coffee, peanuts and edible oils segment hit earnings.
Wilmar International profit ballooned 436.6% to US$316.4m in Q2
It was pushed by the strong performances of oilseeds and grains and tropical oils segments.
Singapore-based feed producer Gold Coin sold majority stakes for US$550m
Shares were bought by the Aboitiz Group's Pilmico.
Falling CPO prices threaten Golden Agri Resources's growth
Prices have been down 6% so far, whilst GAR’s shares have dropped by 16%.
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