INDONESIAN palm oil producer Bumitama Agri’s second-quarter net profit more than halved, amid a continued weakness in palm oil prices and a fall in sales volume.
ComfortDelGro's share price has done well in the year-to-date period, but we see limited upside at this juncture. Earnings growth remains, as seen in Q1, in line with our earlier thesis.
BUMITAMA Agri on Tuesday posted a 52.3 per cent slide in its first-quarter net profit to 110.61 billion rupiah (S$10.5 million), from 231.77 billion rupiah a year ago, on the back of decreasing...
OLAM International has bought 85 per cent of cocoa processing firm YTS Holdings for US$90 million to expand its cocoa platform in Asia, the commodities firm said on Tuesday.
BT EXCLUSIVE: OUTLOOK 2019
AFTER languishing for much of 2018, Singapore-listed palm oil stocks could be looking at a new dawn this year on renewed demand, sliding inventories and other factors.
BUMITAMA Agri saw only a slight 1.4 per cent rise in third-quarter net profit to 269.89 billion rupiah (S$25.3 million) due to a drop in the selling prices of crude palm oil and palm kernel, the...