Agribusiness

Halcyon Agri's net loss widens to US$87.0m in FY23

The FY23 net loss is 384.3% bigger year-on-year.

Halcyon Agri's net loss widens to US$87.0m in FY23

The FY23 net loss is 384.3% bigger year-on-year.

Bumitama Agri's net profit declines 13.3% YoY in FY23

Revenue for the period also dropped by 2.4% YoY.

Palm oil woes, lower sugar prices weigh on Wilmar Int’l in 2024: analysts

Share price will get a boost should Wilmar be definitively cleared from the China palm oil fraud.

Wilmar International’s net profit dwindles to US$1.5b  in FY23

The FY23 net profit was 36.5% lower than the FY22 record. 

Wilmar affirms zero tolerance for corruption after Chinese unit denies involvement in oil fraud

Yihai Kerry’s subsidiary has denied involvement in fraud causing $976.8m state enterprise loss.

British International Investment pours $20m into Valency International

It will fund the Singapore-based firm's expansion in Nigeria.

Gov’t temporarily bans import of poultry from 23 US regions 

The 23 regions have reported outbreaks of H5N1 in poultry.

Shen Yao independent director charged by CPIB, steps down

The director cited health reasons for his resignation.

Bumitama Agri's net profit dips 27% YoY to $181.97m in 9M23

The company's revenue also fell during the period.

Wilmar Q3’23 net profit dips, dragging YTD performance

It was partially offset by robust performance in our sugar milling and merchandising businesses.

Kuok Khoon Hong boosts stake in Wilmar

The Wilmar chief now has a 13.44% stake in the company.