Agribusiness
First Resources beats trending decline in fresh fruit bunches growth
Other companies registered drops in FFB production ranging from -1.0% to -16.7%.
First Resources beats trending decline in fresh fruit bunches growth
Other companies registered drops in FFB production ranging from -1.0% to -16.7%.
First Resources profit plunged 41.1% to US$34.2m in Q4
It blamed average selling prices which fell despite high sales volumes.
Wilmar eyes China expansion
Management intends to further expand its businesses in rice, flour and related consumer products.
Bumitama Agri Q4 profits down 21.2% to $33.54m
Biodiesel revenue was cut down after it closed its production plant.
Golden Agri Resources hit by $38.25m loss in Q4
It warned that it will continue to be hurt by prices of crude palm oil and competing seed oils.
Olam 2017 profits grew 65.3% to $580.74m
Its sales volume rose 56.3%, led by growth in grains and edible oils.
Wilmar's profits grew 25.4% to $1.58b in 2017
Oilseeds & Grains profit rose to $272.33m thanks to stronger sales.
Olam announces 100% interest in newly incorporated subsidiaries
It has also acquired 546,000 Long Son ordinary shares for $20m.
Wilmar's profits to turn sour due to delayed sugar harvest
It's expected to make profits of $476.39m, down from last year's $780.09m.
Wilmar turns Perennial into associate company for $45.55m
It raised its stake in the company from 16.89% to 20%.
Asian sugar giant invests $134.89m in Olam subsidiary
The two are looking for opportunities in sugar milling and refining in Indonesia.
Wilmar International appoints Lim Siong Guan as independent non-executive director
He will be appointed on 1 January 2018.
Olam bags $148.26m from farmland sale
It sold 5,100 acres of a Californian farmland.
Wilmar to convert credit facility with ING into sustainability loan
The collaboration is the first in the palm oil industry.
Golden-Agri Resources subsidiary to sell oilseeds unit
It’s a strategic move to dispose of its non-core oilseed assets.
Wilmar establishes eight subsidiaries
They were formed in Singapore, South Africa, and Tanzania.
Wilmar subsidiary to buy edible oil facilities in Malaysia
The facilities include a palm oil refinery and storage facility.
Read Here
Advertise
Sign Up
Commentary
Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution
AI is revolutionising learning: Why should educational institutions in Singapore embrace this change?