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Indofood Agri Q3 profit drops 37% on fertilisers and forex shifts
Published Fri, Oct 27, 2017 · 09:50 PM
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Singapore
EARNINGS for Indofood Agri Resources - which refines crude palm oil and cultivates sugar cane crops - fell 37 per cent in the third quarter despite higher revenue, dragged down by higher fertiliser application, higher operating expenses and foreign currency fluctuations.
The group's net profit for the …
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