Food & Beverage
Wilmar profits plummet 94% to $50.5m in Q2
No thanks to weaker contributions from tropical oils and oilseeds and grains segments.
QAF Limited profits down 72% to $8.1m in Q2
Blame it on heightened cost pressures in its primary production segment.
Delfi's profits up 14.4% to $12.7m
It was boosted by a one-off pre-tax divestment gain of US$4.6m.
Neo Group's losses decline 73.6% to $0.65m
Thanks to operational improvements in the food manufacturing business.
ThaiBev acquires 240 KFC stores for around US$330m
The acquisition is set to be completed by December 2017.
Jumbo Group's profit slips 1.1% to $3.37m
Blame the increase in all cost segments.
F&N's profit up 60% to $60.7m
Its F&B segment grew 44% to $85.2m.
Temasek leads US$75m investment round in meatless burger maker
This marks the first time Temasek invested in a California-based business.
Japan Foods profit down 19.9% to $1m for Q1
No thanks to stores shutting down.
BreadTalk's net profit up 35.1% to $4m
Its food atrium business reported a strong turnaround.
Indofood Agri profits up 232.2% to $632.7m for Q2
Thanks to fruit bunch production rising by 11%.
Tesco products enter Singapore through FairPrice partnership
Around 400 Tesco products will be available in stores and online.
Singapore, South Australia seal food innovation deal
The agreement will facilitate information exchange between the two countries.
SATS net profit down 10.6% to $57.3m
As expenditure escalated to $373m.
Should ThaiBev expect an improvement in beer sales?
Decline in alcohol consumption could only be temporary.
Sunmoon Food Company appoints Shum Ka Shat as member of the board of directors
He was appointed on 5 July 2017.
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