Hippo Valley Estates says stronger local demand is offsetting export challenges, while lower sugar production and counterfeit imports continue to weigh on first-quarter operations.
Sucro’s refinery expansion nearly doubled quarterly volumes, while improved margins and a record free cash flow result supported stronger second-quarter profitability.
The potential Bursa Malaysia listing would value ZUS Coffee at about RM4 billion as the rapidly expanding chain strengthens its Southeast Asian footprint.
Stronger margins and improved profitability at 3corações helped Strauss offset lower coffee sales caused by currency pressures and falling green coffee prices.
The sector has traditionally focused on the European Union and the USA, but AFA and local cooperatives are seeking to expand demand in Asia.