Agribusiness
Olam Agri inducts 8 new members to its board
Olam Agri inducts 8 new members to its board
The new members will sit across four of Olam Agri’s board committees.
Singapore receives first-ever import of live chicken from Indonesia
Japfa delivered the 23,000 chickens to the Lion City.
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
Despite the softened results, the firm said it stayed resilient.
Live pig exports to Pulau Buluan likely to be suspended for another year: SFA
The government halted its production and import of live pigs from Pulau Bulan in April 2022.
Agribusiness GAR’s golden strategy combats supply chain issues
The palm oil firm stayed resilient by building its logistics capabilities.
Olam Agri secures US$615m financing facility
It will use the proceeds of the facility to refinance its existing loans.
Japfa’s segments to face uncertainties in higher costs and ASPs
The agri-food firm’s net PATMI declined 73.9%, on a yearly basis.
Bumitama Agri’s net profit falls 47.7% YoY to IDR647.37b in 2H22
The company attributed the decline in low-cycle production.
First Resources’ revenue reaches an all-time high of US$1.2b in FY22
The record sales propelled its underlying net profit to US$334.2m.
Golden Agri Resources’ net profit up to $528m in H2 22
The firm’s downstream and upstream businesses helped in the growth.
Wilmar CEO acquires additional 217,000 shares in the company
Kuok Khoon Hong acquired his additional stake at $3.93 per share.
Wilmar International’s net profit rises to US$2.4b in FY22
The group attributed the increase to higher profit from all its key segments.
First Resources Limited’s net profit surges threefold to US$253.8m in 9M 2022
EBITDA is also 91.2% higher than a year ago.
Wilmar International core net profit up 38.2% to US$796m in Q3
It achieved record core net profit for the first nine months of the year.
Olam unit receives US$1.98b sustainability-linked loan
Olam unit secures loan from 19-bank consortium.
Olam Agri bags US$2.9b facility for refinancing of existing loans
The facility was based on Poseidon Principles.
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