indofood agri

SGX-listed plantation firms ride output gains, lure with dividends

While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain

Projected earnings growth for plantation players in 2025 is driven by firm selling prices amid tight supply and strong demand.
COMMODITY INSIGHTS

Crude palm oil prices to stay robust on inventory crunch, but may not lift all SGX agri counters

Higher CPO prices are set to persist; analysts expect Bumitama Agri, First Resources to get a boost

The group’s plantation division will continue to focus on crop management activities to raise fresh fruit bunches yields, improving cost controls and increase plantation productivity. 

Plantation business powers Indofood Agri Resources’ H1 net profit to 297.9 billion rupiah

This was 236% higher than in the year-ago period; the company says higher commodity prices delivered the improved H1 results

Philip Yeo previously served as chairman of the Economic Development Board, SPRING Singapore, and as special adviser for economic development in the Prime Minister's Office.

IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director

INDOFOOD Agri Resources has appointed former Economic Development Board and Spring Singapore chairman Philip Yeo as chairman and lead independent director of the company with effect from Wednesday (Ma...

Indofood Agri Resources reported that its gross profit declined 15 per cent in H2 2023 due to lower average selling prices of palm and edible oils and fats products.

IndoAgri full-year profit down 20.2% from lower selling prices, despite H2 inch up

INDOFOOD Agri Resources on Thursday (Feb 29) posted a net profit of 525.6 billion rupiah (S$45 million) for the second half ended Dec 31, 2023, up 1.5 per cent from 518 billion rupiah in the correspon...

Indofood Agri Resources' higher cost of sales is mainly due to higher sales volume of palm products and increased purchases of crude palm oil by its edible oils and fats division.

Indofood Agri H1 profit falls 64.8% to 88.6 billion rupiah

INDOFOOD Agri Resources posted a net profit of 88.6 billion rupiah (S$7.8 million) for the first half ended Jun 30, down 64.8 per cent from 252 billion rupiah in the year-ago period.

Indofood Agri Resources posted a 65 per cent rise in its net profit to 252 billion rupiah for its first half ended Jun 30, from 152.7 billion rupiah a year ago.

Indofood Agri net profit rises 65% to 252b rupiah on high selling prices 

MAINBOARD-LISTED Indofood Agri Resources posted a 65 per cent rise in its net profit to 252 billion rupiah (S$23.5 million) for its first half ended Jun 30, from 152.7 billion rupiah a year ago.

Millennials are getting coaxed into the grueling world of Indonesian farming

Millennials are getting coaxed into the grueling world of Indonesian farming

[JAKARTA] When Indonesia unveiled a plan to turn 2.5 million millennials into farmers within 5 years, it was a big ask. Success would mean reversing a global trend where tech-savvy youngsters were bei...