JAPFA

Broker's Calls

Analysts favour Japfa for its strong 1H20 earnings

Japfa’s strong bottom line in 1H FY20 has led analysts to keep their optimism on the agricultural producer.

Broker's Calls

Consumer staples to recover after harrowing second quarter, say DBS analysts

SINGAPORE (10 June): ASEAN consumer staple markets have been hard hit by the Covid-19 pandemic so far, with analysts expecting 2Q20 to be a particularly difficult time for investors.

AGRICULTURE/HOTELS/RESTAURANTS

Japfa’s Tan unfazed by Covid-19 as demand stays resilient for consumer staples

SINGAPORE (Apr 30): Japfa CEO Tan Yong Nang was sanguine when he heard about the Covid-19 outbreak.

The deals will go on

M&A

The deals will go on

SINGAPORE (Apr 17): This past week, the International Monetary Fund (IMF) warned that the “Great Lockdown” recession this year will be the steepest contraction in almost a century.

Broker's Calls

Analysts bullish about Japfa-Meiji partnership in China

SINGAPORE (Apr 16): Analysts are bullish about Japfa’s impending strategic partnership with Meiji Co in its China dairy business.

M&A

Japfa to sell 25% stake in China dairy farming business to Meiji for $360 mil in strategic partnership

SINGAPORE (Apr 15): Agri-food company Japfa has agreed to sell a 25% stake in wholly-owned subsidiary AustAsia Investment Holdings to Japanese dairy giant Meiji for US$254.4 million ($359.9 million

Broker's Calls

Japfa milking profits from higher average selling price in key segments

SINGAPORE (Jan 20): UOB Kay Hian is upgrading its call on agri-food company Japfa to “buy” from “hold” with a higher target price of 80 cents from 50 cents previously.

Investing ideas

Analysts say Japfa poised for turnaround despite dismal 3Q19

SINGAPORE (Nov 4): On the surface, 3Q19 was a dismal one for Japfa, as the group booked earnings of US$9.6 million ($13.0 million), down 33% from US$14.3 million for the same period in th

Investing ideas

Can Japfa overcome near-term cyclical pressures to see turnaround?

SINGAPORE (Aug 8): Lower average selling prices and higher costs drove earnings for agri-food company Japfa down to US$5 million ($6.8 million) for the 2Q19 ended June, a steep 83% drop from a year

Results

Japfa posts 83% drop in 2Q earnings to $6.8 mil on lower average selling prices

SINGAPORE (July 31): Agri-food company Japfa saw its earnings plunge 83% to US$5.0 million ($6.8 million) for the 2Q19 ended June, from US$29.6 million a year ago.

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