Agribusiness
Olam’s operating profit crashed 29% to $32.2m in Q1
Its hazelnut business was the main drag.
First Resources’ profit down 15% in Q3 as palm oil prices plunge
Earnings per share dipped 16%.
Bumitama Agri’s profit surged 69% in Q3
Thanks to higher output and selling prices.
Golden Agri’s net profit crashed 86% in Q3 as palm oil prices plunge
These are its worst results since 1Q09.
Global Palm Resources Holdings appoints Ivan Swandono to COO
Before becoming an acting COO he was director of PT Prakarsa Tani Sejati based in West Borneo, Indonesia.
Wilmar’s net profit inched up 1.5% to $545m in Q3
Thanks to higher oilseed crushing profit.
Japfa left struggling after Q3 earnings plunged 49% to $15.5m
It has declined 12.5% from its IPO price.
Noble’s net income up 4% in Q3 on back of agribusiness disposal gains
It also revealed a special dividend of US$3 cents.
First Resources appoints Tan Seow Kheng as director
He is currently general manager of Ewis Group.
Golden Agri struggles as China operations sink into the red
Its plant may be shut down temporarily.
George Yong-Boon Yeo joins Wilmar International as director
He served as in various government agencies, the last of which as Minister for Foreign Affairs.
First Resources promotes Fang Zhixiang to executive director
He was the group's deputy CEO.
Indofood Agri’s 3Q profits plunge 52% on weaker edible oils and fats
Plus higher interest expenses.
Singapore’s S&P 500 Index declined 5.3% in October
As the Straits Times Index maintained a total return of 3.5%.
Olam’s revenue down 30.5% in its seasonally weakest quarter yet
At 10% of its full-year core net profit.
Poor coal prices drag Noble’s energy division down 10% in 3Q14
Amidst growth in the firm’s agri department.
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