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Bumitama Agri Limited
Results
Bumitama Agri’s 1QFY2023 earnings down by 51% to $38.7 mil from lower ASPs
Revenue for the 1QFY2023 fell by 8% y-o-y to 3.60 trillion IDR.
May 12, 2023
Broker's Calls
RHB lowers forecasts for Bumitama Agri despite in-line 9MFY2022 results
RHB's Singapore research team says it sees the agri company “closing in on a record year”.
November 16, 2022
Broker's Calls
DBS ups Bumitama Agri's TP to $1 as it sees strong earnings prospects in FY2022
The counter is currently trading at an undemanding FY2022 P/E of 7.8x, which is well below its average P/E multiple of 9.7x: DBS
March 24, 2022
Broker's Calls
Reasons to cash in on plantation stocks amid an industry turnaround: RHB
SINGAPORE (Dec 23): For those looking to cash into plantation stocks, it’s now or never.Crude palm oil prices are on the upswing – it climbed to a high of RM 2,665 per tonne by end November due to lower palm oil inventory.While the spike is go
December 23, 2019
Plantations
Sector stocks stage a comeback; brighter days ahead as palm oil prices pick up
SINGAPORE (Dec 20): The palm oil industry this past year endured its fair share of turbulent times on the back of weak commodity prices, bad weather and dry spells in key markets such as Indonesia. The industry also faced headwinds from unfavourable new r
December 20, 2019
Results
Bumitama Agri posts 1.4% increase in 3Q earnings to $25 mil
SINGAPORE (Nov 12): Bumitama Agri announced 3Q18 earnings increased by 1.4% to IDR 270 billion ($25.3 million), compared to IDR 266.3 billion in 3Q17.
November 12, 2018
Results
Bumitama Agri reports 16.8% lower 1Q earnings of $21.7 mil
SINGAPORE (May 8): Bumitama Agri (BAL) reported a 16.8% decline in 1Q earnings to IDR231.8 billion ($21.7 million) from IDR278.4 billion on lower revenue and compressed margins.
May 08, 2018