oilseeds

SINGAPORE (Feb 26): DBS, RHB and OCBC are upgrading Wilmar International to “buy” from “neutral” with target prices of $3.65, $3.45 and $3.51 respectively.

SINGAPORE (Aug 14): Golden Agri-Resources (GAR) has announced earnings of US$59.4 million ($80.9 million) for the 1H17 ended June, down 55.5% from US$133.6 million reported in 1H16 due to the recognition of deferred income tax assets.

SINGAPORE (Aug 10): Agribusiness Wilmar International has swung back into the black with earnings of US$60.2 million ($82.1 million) for the 2Q17 ended June, compared to the US$220.1 million loss it posted in the same period a year ago.

SINGAPORE (Feb 24): Golden Agri-Resources announced earnings of US$46.3 million ($65 million) for the fourth quarter ended Dec 31, more than double its 4Q15 earnings of US$19.6 million on higher revenue and forex gains.

SINGAPORE (Jan 9): RHB is maintaining its “buy” call on Golden Agri at a target price of 46 cents while declaring the stock as its top pick within the plantation sector.