Agribusiness
Strong volumes boost Olam earnings for 3Q11
The food products supplier’s net profit jumped 43% YoY to S$127mln on the back of improved NC per ton for all but two of its segments.
Strong volumes boost Olam earnings for 3Q11
The food products supplier’s net profit jumped 43% YoY to S$127mln on the back of improved NC per ton for all but two of its segments.
Olam net profit surges 55.9% in nine months FY11
Olam reported a Net Profit After Tax of S$265.9 million for the nine months ended March 31, 2011.
Poor catch in Peru seas hurt China Fishery’s net profit for 2Q11
The fishing company's net profit fell 2.4% YoY to US45.8mln due to weak Peruvian fishmeal operations.
Pacific Andes announces TDR listing
The seafood distributor has submitted an application to the Taiwan Stock Exchange (TWSE) to issue Taiwan Depository Receipts (TDRs) on the TWSE.
KKR in talks to buy Oceanus
The deal to privatise the abalone farmer is worth ~US$500mln (S$612.5mln), according to various sources.
Food prices to reach record high in 2011
The demand for meat, oilseeds and grain may drive global food prices to reach 4.4% to a record by the end of the year.
Malaysian palm oil firm files defamation suit against Wilmar subsidiary
Pacific Inter-Link Sdn Bhd (PIL) issues a writ of summons against Wilmar Trading Pte Ltd (WTPL) for alleged defamation and unlawful interference with...
Tata Chemicals to acquire 25.1% stake in Olam worth US$290mn
Risk on project execution is significantly reduced as the two companies brings critical expertise in project management, production, operations and...
Radioactive fish or toxic investors: What's killing China Fisheries' stock price?
So far, the company cannot explain its 30% loss in today’s trading, but a research firm says the share prices might be a casualty of the Japan...
Bayer commits $35.8mln for new Singapore lab
The new research unit will work with technologies like DNA market analysis and molecular assisted breeding.
Olam bags $1.3bn gas deal with Gabon
The agreement with Gabon is to set up a port-based Ammonia-Urea complex.
Damage to Japanese nuclear reactors seen to have minimal impact on Noble
No meaningful impact on the thermal coal demand is expected, as DBS understands peak-load plants in Japan are mostly oil-fired.
Noble Group net profit increased to US$606 million in 2010
The Group reported record revenue of US$56.7 billion for FY 2010.
Golden Agri-Resources achieved record net profit of US$1.42bn in 2010
Full year core net profit almost doubled to US$387 million, while EBITDA reached US$661 million.
Olam acquired 1.3mn hectares of Forest Stewardship Council certified forest areas
Congolaise Industrielle des Bois has obtained Forest Stewardship Council certification for an additional 571,100 hectares of natural forest areas.
Olam accounting concerns: statement refutes three contentions in CLSA report
Issues raised include export incentives, differences in audited and unaudited accounts and negative EVA.
Wilmar reported net profit of US$318.6mn in 4Q 2010
Excluding biological asset gains, 4Q10 net profit was US$117.8 million.
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