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Fishing & Farming

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TDM Bhd posts qtrly net profit attributable of 22.5 mln rgt

12:53am EDT

May 25 (Reuters) - TDM Bhd ::Qtrly net profit attributable 22.5 million rgt; qtrly revenue 113.9 million rgt.Year-ago qtrly net loss attributable 2.9 million rgt; year-ago qtrly revenue 97.5 million rgt.

Sanford reports 25 pct improvement in HY net profit

Wednesday, 24 May 2017 04:31pm EDT

May 25 (Reuters) - Sanford Ltd :Sanford reports 25 pct improvement in net profit in six month result.Improved NPAT to $19.0 mln from $15.3 mln in H1 f16.HY sales revenue increased 5 pct to $230.4 mln from a year earlier.All figures in NZ$.

Nireus says that the Hellenic Capital Commission approves the disposal of 3,838 common registered shares

Wednesday, 24 May 2017 07:12am EDT

May 24 (Reuters) - NIREUS AQUACULTURE SA NIRR.AT::SAYS HELLENIC CAPITAL COMMISSION APPROVED THE DISPOSAL OF 3,838 COMMON REGISTERED SHARES OF THE COMPANY.SAYS THE DISPOSAL WAS A RESULT OF AN INCREASE IN SHARE CAPITAL DUE TO MERGER BY ABSORPTION OF SEAFARM IONIAN.SAYS THE STARTING PRICE OF DISPOSAL OF SHARES CANNOT BE LESS THAN 2 PERCENT FROM THE CLOSING PRICE OF THE DAY PRECEDING THE DISPOSAL.

United International Enterprises Q1 pre-tax profit up at $27 million

Wednesday, 24 May 2017 07:07am EDT

May 24 (Reuters) - UNITED INTERNATIONAL ENTERPRISES LTD ::Q1 REVENUE $85.3 MILLION VERSUS $62.9 MILLION YEAR AGO.Q1 PRE-TAX PROFIT $27.0 MILLION VERSUS $19.4 MILLION YEAR AGO.THE BOARD IS OF THE VIEW THAT UIE’S NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY FOR 2017 WILL BE HIGHER THAN THE RESULT REPORTED IN 2016..

Chuying Agro-Pastoral Group's shareholders to add stake in the company

Tuesday, 23 May 2017 08:44am EDT

May 23 (Reuters) - Chuying Agro-Pastoral Group Co Ltd <002477.SZ>:Says shareholders plan to add by up to 300 million yuan ($43.55 million) worth of shares in the company within six months.

TDM Bhd says in April produced 34,096.11mt of fresh fruits bunches

Tuesday, 23 May 2017 06:00am EDT

May 23 (Reuters) - Tdm Bhd ::April fresh fruits bunches production 34,096.11mt; April crude palm oil production 6,519.61mt; April palm kernel production 1,650.61mt.

Far East Holdings Bhd posts quarterly revenue of 92.2 million rgt

Tuesday, 23 May 2017 05:01am EDT

May 23 (Reuters) - Far East Holdings Bhd :Qtrly revenue 92.2 million rgt , qtrly net profit 24.2 million rgt.Year-ago qtrly revenue 60.9 million rgt , year-ago qtrly net profit 8.4 million rgt.

Norway Royal Salmon Q1 operating result beats forecast

Tuesday, 23 May 2017 12:30am EDT

May 23 (Reuters) - Norway Royal Salmon Asa :Operational ebit for q1 of 2017 was mnok 205 and ebit per kg was nok 28.60. Corresponding figures for same quarter last year were mnok 153 and nok 25.54.Reuters poll for q1 operational ebit was nok 162 million.Estimated harvest volume is 34,000 tonnes for 2017, an increase of 27 per cent from 2016.Reuters poll for 2017 harvest volume was 33,850 tonnes.For 2017, we expect an increase in supply to global market of 2 to 4 per cent.A continued low supply growth and good work in markets provides basis for a positive market outlook.Says harvested 7,181 tonnes during the quarter (Reuters poll 5,340 tonnes).

Fish farmer Bakkafrost's Q1 profit misses forecast

Tuesday, 23 May 2017 12:24am EDT

May 23 (Reuters) - Bakkafrost :q1 operational ebit dkk 335.5 million (Reuters poll dkk 365 million).q1 revenues dkk 854 million (Reuters poll dkk 907 million).expects to harvest 53,500 tonnes in 2017 (Reuters poll 53,300).expects to release 11.5 million smolts in 2017, compared with 11.7 million smolts in 2016 and 11.3 million smolts released in 2015.Outlook for farming segment is good. Estimates for harvesting volumes and smolt releases are dependent on biological development.Expectations are that global supply of atlantic salmon will shift from reduced supply into growth of supply in q2 2017.Latest update from kontali analyse estimates a global supply of atlantic salmon to increase around 2% in 2017, compared to -6% in 2016.Has signed contracts covering around 39% of expected harvested volumes for rest of 2017.Price level on long-term contracts are on a higher level than ever before, there are, however, no indications that this price level should decrease significantly.Havsbrún's sales of fish feed in 2017 are expected to be at 85,000 tonnes.Farming segment made an operational ebit of dkk 373.2 million for q1 2017, which corresponds to nok 34.27 per kg.Vap segment made an operational ebit of dkk -53.0 million for q1 2017.Vap segment continued to have negative results, primarily due to high salmon spot prices.Combined farming and vap segments made an operational ebit of dkk 320.2 million for q1 2017, which corresponds to nok 29.40 per kg.

Kuala Lumpur Kepong says qtrly revenue 5.47 bln rgt

Monday, 22 May 2017 08:41am EDT

May 22 (Reuters) - Kuala Lumpur Kepong Bhd ::Qtrly net profit 289.6 million rgt.Year-Ago qtrly net profit 168.5 million rgt, year-ago qtrly revenue 3.70 billion rgt.Qtrly revenue 5.47 billion rgt.

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