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 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.