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JAPFA
M&A
Japfa selling 5% in China milk unit to New Hope for US$58.4 mil
The US$146 million from these three investors will be used by AustAsia for general working capital and corporate purposes.
September 07, 2021
Broker's Calls
Japfa offers diversification at a bargain price: DBS
DBS expects Japfa's China dairy operations to mitigate short-term weaknesses in other operations due to Covid-19.
August 26, 2021
Broker's Calls
Broker's Digest: Tech manufacturers, Wilmar, Japfa, FEHT, iFast Corp, SIA
See the analysts' recommendations and target prices here.
August 05, 2021
Broker's Calls
Analysts cut target prices for Japfa, UOB Kay Hian downgrades to 'hold' on uncertain outlook
While Japfa's China dairy segment remains stable, analysts anticipate headwinds for its other key segments.
August 03, 2021
Results
Japfa sees 54.3% rise in 1H2021 earnings; expects stronger growth this year
Earnings of agri-food company Japfa was up 54.3% to US$118.5 million ($160.5 million) in 1HFY21 ended June, from US$76.8 million
July 29, 2021
Broker's Calls
Broker's Digest: Food Empire, Uni-Asia Group, OCBC, ST Engineering, Japfa
See the analysts' recommendations and target prices here.
July 09, 2021
Broker's Calls
Japfa's acquisition of China dairy farms will expand capacity that will benefit from higher raw milk prices: CGS-CIMB
CGS-CIMB is bullish on the acquisition, which could expand Japfa's cattle capacity by 19%.
July 05, 2021
M&A
Japfa acquires two dairy farms in China for US$123.4 mil
The farms have a total capacity of approximately 16,000 heads of cattle.
June 28, 2021
Broker's Calls
Broker's Digest: Japfa, Cromwell European REIT, FEHT, Mapletree Industrial Trust, Micro-Mechanics, Venture Corp
See the analysts' recommendations and target prices here.
May 07, 2021
Broker's Calls
Japfa a 'buy' as it spreads its eggs in several baskets
Analysts positive on Japfa as it spreads its eggs in several baskets
May 03, 2021