Agribusiness
RHB maintains overweight rating on Johor plantation sector amidst ESG gains
RHB maintains overweight rating on Johor plantation sector amidst ESG gains
Analysts cited robust earnings growth driven by rising palm oil prices.
Olam Group disposes stake in ARISE P&L
The company sold its 32.4% stake to Equitane.
Japfa shareholders approve privatisation scheme
The delisting of the shares is expected to occur on or around 3 June.
Wilmar International denies involvement in Indonesia palm oil bribery probe
It also said it has “zero tolerance for corrupt practices”.
Olam Group announces updated reorganisation plan
A key priority is to reduce debt.
Japfa rebounds to $153.3m profit in FY2024, reversing $41.6m loss
Revenue also rose 4.3% to over $6.2b.
Olam Group profit plunges 83.4% in H2 2024
For the full year, it declined 69% YoY.
Bumitama Agri’s income down 6.6% in FY 2024
Meanwhile, Q4 earnings increased thanks to higher output.
Golden Agri-Resources posts $489m net profit in 2024
The group's revenue also grew 12%.
Oil fraud allegations cast shadow on Wilmar’s share price and earnings
Wilmar should enjoy further market share growth in the food products segment in 2025.
Wilmar International net profit down 39% in 2H2024
For the full year, net profit dropped to $1.56b.
Sri Trang Agro-Industry posts $66.56m net profit in FY24
It was driven by strong demand and higher selling prices.
Japfa receives privatisation offer from founder family members
The offer is at $0.62 per share.
Zhongxin Fruit and Juice expects higher net profit in H2 2024
The company attributes this to a substantial increase in total sales volume.
ISCA grants $6m subsidy to launch Polytechnic Pathway Programme
Polytechnic graduates will receive a sponsorship of related fees for two years.
Olam Agri, German agency ink MoU to scale up sustainability in agri-food sector
The two will collaborate across staple agriculture supply chains.
Wilmar International plans to increase stake in Adani Wilmar
It will acquire 403.7 million shares.
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