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.

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”.

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

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

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

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.

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.
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