Agribusiness
Bumitama Agri suffers 36.4% profit decline over taxes
The company’s profit was affected by Indonesian government's CPO levy and export tax.
Bumitama Agri suffers 36.4% profit decline over taxes
The company’s profit was affected by Indonesian government's CPO levy and export tax.
Wilmar net profit doubles to a record-breaking US$450.2m
All of the food processing firm's core business segments grew in the first quarter.
Japfa net profits up 36.9% amidst pandemic, swine flu
Japfa's net profits were up 36.9% to US$35.5m.
Olam expands business with US spice manufacturer acquisition
Olam Food Ingredients is set to acquire Olde Thompson for US$900m.
Mondelez, Olam Food to develop cocoa farm in Indonesia
The project will use advanced climate and plant science technology.
Olam International to issue $100m perpetual securities
Thise will be consolidated with its existing $250m securities, issued under the same programme.
Golden Agri records better performance on higher CPO prices: analyst
It has posted a 15% drop in its FY2020 net profit to US$230m.
Japfa profits soar by 168% in 2020
The agri-food firm's profits were driven by its operations in Vietnam and China.
Golden Agri posts 15% loss in 2020
The Indonesian agriculture firm expects the demand in palm oil to recover in 2021.
Wilmar International FY2020 net profit surges 18.6% to US$1.53b
Its revenue for FY2020 increased 18.5% to US$50.53b.
ABC World Asia invests in agribusiness firm
Agri-tech firm CropIn will use the capital infusion for global expansion and analytics platform.
UOB grants $272m sustainability-linked loan to Wilmar
ESG ratings provider Sustainalytics will measure Wilmar’s performance.
Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m
The company had a 24.6% effective stake in Wilmar as of 4 March.
Olam posts 44.4% profit growth to $332.7m in H1
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.
Temasek and Bayer form new agribusiness venture
Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.
Wilmar's profit jumped 49.8% to $839.92m in H1
Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.
Wilmar unit YKA expects 15-30% profit growth in 9M 2020
It has submitted for the final registration approval for its Shenzhen IPO.
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