Agribusiness

ACEN, GenZero and Keppel join hands to catalyse retirement of coal-fired plants in Southeast Asia

ACEN, GenZero and Keppel join hands to catalyse retirement of coal-fired plants in Southeast Asia

The three companies have signed a Memorandum of Understanding (MOU) to jointly explore the origination and utilization of Transition Credits (TCs) to...

Don Agro net loss increases to $13.8m in H1 2024

Their gross profit also decreased to $11.4m. 

Sri Trang Agro-Industry net profit surges 471% to $23.6m in Q2

Total revenue for the quarter also rose 21.6% YoY.

Wilmar International’s net profit up 5.2% in H1 2024

The increase was due to better performances in the Feed & Industrial Products and Food Products segments.

Halcyon Agri narrows loss to $31.6m in H1

The company posted a loss of US$24m.

Golden-Agri’s profit sinks 44% YoY despite revenue and EBITDA gains

Revenue and EBITA rose 5% YoY and 4% YoY, respectively.

Olam Holdings Pte Ltd secures $1.9b loan facility

Proceeds from the loan will be used to refinance existing debts. 

IndoAgri's H1 net profit up 500% to $51.7m

The increase was due to higher gross profit, foreign exchange gain, and gain from changes in fair value of biological assets.

Olam extends deadline for Namoi Cotton acquisition offer

Olam offered up to $0.62 per share for at least 90% stake in Namoi Cotton.

Wilmar raises stake in Pakistan’s Unity Foods to 42.17%

Wilmar acquired new shares through its subsidiaries Wilmar Pakistan Holdings and Unity Wilmar Agro.

How are Singapore food producers faring in sustainable sourcing?

F&N was the top-performing Singapore-listed food producer in sustainable sourcing.

Daily Markets Briefing: STI down 0.5%; Top stock is ThaiBev

ThaiBev is the top stock with a 3.03% increase.

Food processing/ manufacturing firms increase by 8%

There are 2,171 food processing/manufacturing establishments in Singapore.