Agribusiness

Who lost S$2.8m in Olam’s commodity financial business?

It recorded a quarterly loss of S$2.8m versus 1QFY11’s S$4.4m profit.

Who lost S$2.8m in Olam’s commodity financial business?

It recorded a quarterly loss of S$2.8m versus 1QFY11’s S$4.4m profit.

Olam International profit up 15.1% to S$34.2mn

The company was able to weather the growing and spreading sovereign debt crisis as well as a looming banking and financial crisis in Europe, among...

China Minzhong profit up 77.9%

The company cited better product mix, improved yield from maturing farmland, and higher operating efficiency as the drivers.

Golden Agri-Resources profit up 11% to US$110m in the third quarter

GAR profit for the first nine months more than doubled to US$520m, thanks to the recovery of palm products output.

CEO resignation unrelated to quarterly loss, says Noble Group founder

Richard Elman, now acting chief executive, said Ricardo Leiman’s departure was planned for some time.

In a nut shell: Olam enters hazelnuts business

Olam will acquire 100% of equity interests in hazelnuts exporter from Turkey.

Noble Group reports first quarterly loss in over a decade

The company lost US$17m – an overturn from last year’s gain of over US$157m; so what happened?

Wilmar’s profit jumps 24% to US$321m in 3Q11

Higher sales volume of agricultural products drove revenue up 69% to US$13.1b for the quarter.

China Fishery acquires a fishmeal plant

New plant in Ilo, the most important port city in South Peru, will enhance the utilisation of China Fishery’s fishing quota in the region.

Sino-Forest director resigns

James Bowland was a member of the Independent Committee, the Audit Committee and the Compensation and Nominating Committee.

Wilmar International appoints Ho Kiam Kong as Chief Financial Officer

He will be responsible for the group's finance, treasury and risk management functions, among others.

Maybe third time’s a charm?

Wilmar’s Sucrogen is left with bitter taste in their mouths as the sugar company fails for the second time to get support for the Proserpine...

Unilever returns to Golden Agri-Resources subsidiary

PT SMART Tbk said Unilever has resumed palm oil purchases with them.

Noble Group spin‐off may not pull through

Kim Eng says the spin-off might not even happen given the uncertain market environment.

Higher CPO production to drive Wilmar’s earnings in 3Q11

Higher production is expected from Wilmar’s oil palms over the next 3 years as a higher proportion of its plantation reaches the prime age of 7-18.

Noble Group may list agri-business on SGX

The group has filed an application relating to a primary listing of its agricultural business on the SGX Mainboard.