Agribusiness

Bumitama Agri’s profits bloom 26% to $23.58m in Q1

Thanks to an inventories drawdown from 4Q15’s crop.

First Resources’ Q1 profits crash 78% to $6.86m

Last year’s El Nino dried up FFB yields.

Japfa’s Q1 earnings skyrocket 234% to $31.37m

Thanks to contributions from animal protein, dairy segments.

Bumitama Agri’s FFB yield plummets 24% to 3.1t/ha

Last year’s El Nino is still hurting output.

Olam inks five-year $234.66m loan deal with IFC

It’s to finance facilities in India, Nigeria.