Japfa (JAP)

Broker's Calls

3QFY2022 result below expectations, analysts trim their TPs on Japfa

CGS-CIMB Research and UOB Kay Hian analysts have trimmed their TPs to 72 cents and 57 cents respectively.
Broker's Digest: ComfortDelGro, Koda, Japfa - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: ComfortDelGro, Koda, Japfa

See what the analysts have to say this week.

Results

Japfa’s earnings for 1QFY2022 plunges 64% y-o-y to US$17.3 mil due to global external factors

Group revenue, however, grew 13% y-o-y to US$1.25 billion driven by higher sales volume across all segments.
Slow recovery expected for Japfa's Indonesian and Vietnamese markets: analysts - THE EDGE SINGAPORE

Broker's Calls

Slow recovery expected for Japfa's Indonesian and Vietnamese markets: analysts

The strong performance in Japfa's China dairy operations could help mitigate its short-term headwinds in Indonesia and Vietnam.
Japfa disposes of 7.5% equity stake in subsidiary AustAsia for $117.9 mil - THE EDGE SINGAPORE

M&A

Japfa disposes of 7.5% equity stake in subsidiary AustAsia for $117.9 mil

The move is part of Japfa’s plans to grow into the largest independent raw milk producer in China.
Japfa reports 2.7 times growth in FY20 earnings of US$322.0 mil - THE EDGE SINGAPORE

Results

Japfa reports 2.7 times growth in FY20 earnings of US$322.0 mil

An interim special dividend of 10 cents per share, as well as a final ordinary dividend of 1 cent per share has been declared.
Analysts see Japfa as 'milking its assets well and lactating cash' following divestment - THE EDGE SINGAPORE

Broker's Calls

Analysts see Japfa as 'milking its assets well and lactating cash' following divestment

Analysts from DBS and CGS-CIMB have maintained their "add" or "buy" calls on the counter.
Japfa disposes 80% stake in Greenfields Dairy for $393.9 mil - THE EDGE SINGAPORE

M&A

Japfa disposes 80% stake in Greenfields Dairy for $393.9 mil

Earnings per share (EPS) for FY2019 ended December would have been 19.05 US cents instead of 6.45 US cents.
958 Brokers' Digest - THE EDGE SINGAPORE

Broker's Calls

958 Brokers' Digest

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Analysts fill their bellies with Japfa due to stronger 3Q20 results - THE EDGE SINGAPORE

Broker's Calls

Analysts fill their bellies with Japfa due to stronger 3Q20 results

Analysts have maintained their “buy” or “add” calls on Japfa after a better-than-expected 3Q20 results showing
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