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  • Petra Foods remains upbeat as earnings fall

    just-food.com 12 Nov '14, 12pm

    Singapore-listed Petra Foods reported lower earnings from its consumer foods business in the third quarter as sales slipped and costs rose. The company revealed operating earnings fell 28.2% in the three months to 30 September, dropping to US$15m. Net profit was down 28.7% to $10.6m. ...

  • #bakersandartists SINGAPORE: Mead Johnson ups R&D, production capacity in Asia: Mead Johnson has exp... #foodnews

    Mead Johnson ups R&D, production capacity in Asia

    just-food.com 25 Sep '14, 10am

    just-food home News & insights Mead Johnson ups R&D, production capacity in Asia By Katy Askew | 25 September 2014 Font size Email Print Mead Johnson has expanded its research and production capabilities in Singapore with the opening of a new campus in Tuas. Get full access to all con...

  • PHILIPPINES/SINGAPORE: Acquisition costs hit Del Monte Pacific Q1

    Acquisition costs hit Del Monte Pacific Q1

    just-food.com 12 Sep '14, 11am

    1Q FY2015 Highlights · Achieved sales of US$446m with US$340m contributed by Del Monte Foods, Inc (DMFI) · Sales of Del Monte in the Philippines and S&W branded products in rest of Asia rose 10% · Group net loss of US$21.9m primarily due to acquisition-related expenses · Group EBITDA ...

  • SINGAPORE: One-offs boost Olam FY profits: Olam International has booked a jump in full-year earnings, which w...

    One-offs boost Olam FY profits

    just-food.com 29 Aug '14, 2pm

    Olam reported significant improvement in the trajectory of cash flow generation with Free Cash Flow to Firm (“FCFF”) and Free Cash Flow to Equity improving by S$327.0 million and S$295.8 million respectively as compared to FY2013. FCFF for FY2014 was marginally negative at S$28.7 mill...

  • SINGAPORE: Japan's Sanyo takes stake in Olam's food biz

    Japan's Sanyo takes stake in Olam's food biz

    just-food.com 18 Aug '14, 4pm

    Sanyo to take 25% of Olam's packaged food business Japanese instant noodle group Sanyo Foods has struck a deal to acquire a 25% stake in Olam International 's packaged foods business for a consideration of at least US$187.5m. The move strengthens the existing partnership between the t...

  • TCC says latest Fraser & Neave offer is "final"

    just-food.com 22 Jan '13, 4pm

    ThaiBev-controlled TCC Assets has said its SGD9.55-per-share bid for Fraser & Neave (F&N) is its "final" offer for the group. TCC upped its bid for the conglomerate last week in a move to see off rival Overseas Union Enterprise (OUE). And yesterday (21 January), OUE said said it was w...

  • Food boosts Olam Q1 profits

    just-food.com 15 Nov '12, 11am

    Olam’s Executive Director of Finance and Business Development, A Shekhar explained the results: “Olam continues to deliver overall earnings growth amidst a still sluggish recovery in market conditions especially within the Industrial Raw Materials segment. This has been a result of ou...

  • 2011 Thai floods hit F&N's dairy profits

    just-food.com 19 Nov '12, 10pm

    Singapore conglomerate Fraser and Neave has booked a drop in annual profits from its dairy business after production was hit by the floods in Thailand late last year. F&N, which is the subject of a takeover battle, reported its results for the year to 30 September and said earnings fr...

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