JAPFA

Tech news in less than 5 minutes – January 2024 - THE EDGE SINGAPORE

News

Tech news in less than 5 minutes – January 2024

Bite-sized news on digital transformation priorities, sustainability and EV manufacturing.
Japfa focuses on feeding emerging Asia - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

Japfa focuses on feeding emerging Asia

Short-term performance in the agri-food sector may be volatile, we believe growth opportunities for Japfa remain strong

Broker's Calls

Brokers' Digest: Japfa, HRnetGroup, Keppel Infrastructure Trust, Frencken

See what the analysts have to say this week.
Japfa reports loss of US$22.7 mil in 9MFY2023 although performance 'back on track' - THE EDGE SINGAPORE

Results

Japfa reports loss of US$22.7 mil in 9MFY2023 although performance 'back on track'

Operating profit in 3QFY2023 was a record US$101.8 million.

kopi-C: the Company brew

Japfa's CEO Tan invests in staff and partnerships for endurance and growth

an sees room for Japfa to grow further in the region.

Agriculture / Hotels / Restaurants

Japfa completes new delivery of live chickens from Indonesia to Singapore

Singapore has been diversifying its food sources since the pandemic.

Results

Japfa sinks into the red with US$53.6 mil loss in 1HFY2023 owing to high raw material costs, inflation

In May, Japfa delivered 23,000 live chickens from Indonesia to Singapore.
Japfa ships 23,000 live chickens from Bintan to Singapore - THE EDGE SINGAPORE

Agriculture / Hotels / Restaurants

Japfa ships 23,000 live chickens from Bintan to Singapore

Malaysia's ban of chicken exports lasted between May and Oct 2022.

Insider moves

EPF and Abrdn buy more AEM shares; Japfa’s new boss raises family’s stake

In line with the weakening semiconductor industry worldwide, AEM has reported softer numbers
Analysts downgrade Japfa on lower-than-expected earnings and sluggish recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts downgrade Japfa on lower-than-expected earnings and sluggish recovery

“We believe there will be limited near-term catalysts"
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