Agribusiness
Olam Agri acquires Senegal's second largest poultry feed supplier for €17m
Olam Agri acquires Senegal's second largest poultry feed supplier for €17m
The acquisition extends Olan Agri's feed and protein presence in West Africa.
Halcyon Agri's net loss widens to US$87.0m in FY23
The FY23 net loss is 384.3% bigger year-on-year.
Net profit of First Resources dwindles to US$145.4m in FY23
It fell by 55.3% YoY.
Archisen, FarmByte JV to develop an indoor vertical farm in Johor Bahru
The JV will invest $10.5m to build the farm.
Golden Agri-Resources’ revenue falls 15% due to lower crude palm oil prices
The company recorded a net profit of $266m.
Olam Group’s FY23 PATMI drops 55.7% YoY
PATMI for the period was $278.7m.
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.
Olam Group says evidence not found in multi-billion dollar fraud allegations
Its Nigeria business continues its operations as usual.
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.
Archisen, FarmByte to build vertical indoor farm in Malaysia
FarmByte will invest $2.4m into Archisen.
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.
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