palm kernel

Bumitama Agri reports 48.8% increase in 9M earnings of $59.9 mil - THE EDGE SINGAPORE

Results

Bumitama Agri reports 48.8% increase in 9M earnings of $59.9 mil

Gross profit margin was up 18.2 percentage points y-o-y to 25.3%.

Broker's Calls

This palm oil company is looking forward to a good 4Q

SINGAPORE (Nov 1): DBS is maintaining its “buy” rating on Indofood Agri Resources and its target price of 58 cents, after the palm oil company posted core earnings of IDR130 billion ($13.8 million), which were above the brokerage’s expected IDR120 b

Broker's Calls

Dismal FFB output plagues Bumitama Agri

SINGAPORE (July 27): RHB has downgraded Bumitama Agri from a buy recommendation to a hold recommendation, after the palm oil grower posted a steep decline in production output of fresh fruit bunches (FFB) for 2Q2016.
Palm oil and fruit

Global Palm Resources swings into 1Q loss

SINGAPORE (May 11): Palm oil producer Global Palm Resources Holdings reported 1Q16 loss of Rp2.5 billion ($257 million) compared to earnings of Rp12.1 billion in 1Q15.
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