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JB Foods
Results
JB Foods sees 331% y-o-y surge in profit to US$36.1 mil on unrealised fair value mark-to-market gain
The company has declared an interim dividend of 0.2 cents per share.
August 14, 2024
Insider moves
Insiders of JB Foods buy amid cocoa price surge; Willimbury raises Grand Banks Yachts stake
JB Foods sells cocoa butter and other ingredients to chocolate makers
April 04, 2024
Commodities
Why cocoa prices spiked and what it means for chocolate lovers
The upshot is almost certainly bound to be more expensive chocolate that may come in smaller servings.
March 31, 2024
Broker's Calls
CGS International maintains 'add' call on Delfi but trims target price on slower growth and lower margin
Delfi's total payout for FY2023 will be 4.32 US cents, up slightly from 4.3 US cents paid for FY2022.
March 03, 2024
Results
Hedging losses brings JB Foods' FY2023 earnings down by 88.6%
JB Foods booked US$12.3 million in fair value mark-to-market losses from hedging
February 28, 2024
Insider moves
Goi raises stakes in GSH and JB Foods; Southern Packaging's Jen buys more shares
GSH warned that it had chalked up three consecutive years of losses
April 13, 2023
Results
JB Foods reports higher earnings for FY2022, sees long demand for cocoa growing
The company plans to pay a final dividend of 1.6 cents, which will bring total payout for FY2022 to 1.8 cents.
February 27, 2023
Billion Dollar Club 2022
Sheng Siong Group dominates industry category yet again; Wilmar scores for earnings growth
Sheng Siong is a regular winner at the BDC
November 10, 2022
Corporate moves
JB Foods subsidiary to propose establishment of $155 mil Islamic medium term notes programme in Malaysia
JB Cocoa Malaysia has proposed an Islamic medium term notes programme worth up to RM500 Million in nominal value.
August 23, 2022
Company in the news
JB Foods to build new cocoa processing facility in Ivory Coast
The company’s expansion plans in the country will see an initial investment of $87.8 million.
June 24, 2022