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5JS Indofood Agri Resources News Story

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Brief: Indofood Agri Resources Qtrly core profit (excluding forex) S$13 mln in 3Q15, down 49% yoy

Oct 29 (Reuters) - Indofood Agri Resources Ltd  IFAR.SI : 
* Qtrly core profit (excluding forex) was S$13 million in 3Q15, down 49% yoy 
* Q3 revenue S$ 335 million versus S$ 369 million in 3Q14 
* Slowdown in plantings in Indonesia in the last 5 years and coupled with el-nino event in 2015 will reduce incremental supply of CPO 
 
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