Golden Agri-Resources Ltd ("GAR" or the "Company") continued to perform robustly during the first semester of 2022, delivering a strong set of results amidst increased volatility in the industry. EBITDA reached US$807 million, a 54 percent increase year on year. Underlying profit and net profit were also strong at US$407 million and US$390 million, respectively. This performance was achieved on the back of a 23 percent year-on-year increase in revenue to almost US$5.5 billion, mainly … [Read more...] about Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
Market Trends
Asian consumers optimistic about economy and personal financial situation improving over the next 12 months
The Philippines’ most positive on country’s economy improved within one year to 58 percent, 23 percent higher than the regional average of 35 percent. It is also the most upbeat country in relation to the enhancement of their personal economic situation in the upcoming 12 months, with 77 percent being confident, 17 percent more than the regional average of 60 percent GfK’s Consumer Trend Study 2022 report studied the issues that concerned consumers in Southeast Asia, India, and … [Read more...] about Asian consumers optimistic about economy and personal financial situation improving over the next 12 months
Sales of Plant-based Probiotics to Record Stellar Growth for Forecast Period 2022 – 2032
The global plant-based probiotics market is estimated at US$ 890.1 million in 2022 and is expected to expand at an impressive CAGR of 6.7 percent during the forecast years of 2022-2032. Plant-based probiotics are integrated as food supplements in daily food items due to their digestive health benefits, such as enhancement of gut health and increased immune response. Due to government standards and safety requirements in end-user operations, key manufacturers focus on providing high-quality … [Read more...] about Sales of Plant-based Probiotics to Record Stellar Growth for Forecast Period 2022 – 2032
