Agribusiness
Muted earnings growth for Bumitama Agri seen in Q2 due to export ban
The export restrictions will result in lower sales volume.
1 day ago
Muted earnings growth for Bumitama Agri seen in Q2 due to export ban
The export restrictions will result in lower sales volume.
1 day ago
Golden Agri-Resources posts $261.3m net profit YoY in Q1
Its profit was driven by the appreciation of crude palm oil market prices.
6 days ago
Trading strategy pushed for plantation sector amidst ‘uncertainties’: RHB
Crude palm oil prices have increased risks if Indonesia's export ban ends.
Brewing soon: Olam subsidiary to acquire Canada’s Club Coffee
The transaction is expected to finish in the second quarter of 2022.
OLAM Group to sell 35.4% stake in Olam Agri for $1.7b
Proceeds will go towards right-sizing Olam Group’s capital structure, amongst others.
Japfa net profit declined by 34.6% in 2021
The total net profit recorded was $161.2m.
Golden Agri’s net profit surged to $645.5m in 2021
Upstream and downstream businesses contributed to Golden Agri’s stronger performance.
Olam posts all-time high operational PATMI 41.8% increase to $961.1m
Thanks to the group's reorganisation.
Olam acquires 10% of Saudi flour mill
The equity consideration was around $18.02m.
Temasek establishes the Asia Sustainable Foods Platform
The platform aims to accelerate the commercialisation of sustainable foods in Asia.
First Resources sales heighten by 89.2% to $424.8m for Q3
This was driven by the group's higher average selling prices of palm oil.
GAR profit soars 580% YoY to $189.82m in Q3
This growth was also reflected in its EBITDA with 145% increase.
Olam launches end-to-end carbon management platform
It will support MAS' sustainability agenda.
Japfa net profit down 12.4%
Strict lockdowns and restrictions affected the demand for its protein products.
Wilmar International to post stronger H2 results: analysts
The agribusiness giant recorded a 23% increase in its PATMI in the first half.
First Resources output growth may exceed 5% in 2021: Maybank Kim Eng
The palm oil producer is expected to make up for its drop in net profit in the next six months.
First Resources net profit down 16.7% amidst volatile palm oil prices
First Resources’ reported a net profit of $32.6m for the first half of the year.