Agribusiness

Wilmar net profit doubles to a record-breaking US$450.2m

All of the food processing firm's core business segments grew in the first quarter.

Wilmar net profit doubles to a record-breaking US$450.2m

All of the food processing firm's core business segments grew in the first quarter.

Japfa net profits up 36.9% amidst pandemic, swine flu

Japfa's net profits were up 36.9% to US$35.5m.

Olam expands business with US spice manufacturer acquisition

Olam Food Ingredients is set to acquire Olde Thompson for US$900m.

Mondelez, Olam Food to develop cocoa farm in Indonesia

The project will use advanced climate and plant science technology.

Olam International to issue $100m perpetual securities

Thise will be consolidated with its existing $250m securities, issued under the same programme.

Golden Agri records better performance on higher CPO prices: analyst

It has posted a 15% drop in its FY2020 net profit to US$230m.

Japfa profits soar by 168% in 2020

The agri-food firm's profits were driven by its operations in Vietnam and China.

Golden Agri posts 15% loss in 2020

The Indonesian agriculture firm expects the demand in palm oil to recover in 2021.

Wilmar International FY2020 net profit surges 18.6% to US$1.53b

Its revenue for FY2020 increased 18.5% to US$50.53b.

ABC World Asia invests in agribusiness firm

Agri-tech firm CropIn will use the capital infusion for global expansion and analytics platform.

UOB grants $272m sustainability-linked loan to Wilmar

ESG ratings provider Sustainalytics will measure Wilmar’s performance.

Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m

The company had a 24.6% effective stake in Wilmar as of 4 March.

Olam posts 44.4% profit growth to $332.7m in H1

It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.

Temasek and Bayer form new agribusiness venture

Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.

Wilmar's profit jumped 49.8% to $839.92m in H1

Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.

Wilmar unit YKA expects 15-30% profit growth in 9M 2020

It has submitted for the final registration approval for its Shenzhen IPO.

Wilmar unit YKA gets green light for Shenzhen IPO

It now seeks the final registration approval from the China Securities Regulatory Commission.