Bunge swings into profit on investment in Beyond Meat
The agricultural commodities trader was helped into the black from a loss a year ago by results from its South American operations
31 July 2019 - 17:56
Chicago — Agricultural commodities trader Bunge swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South American operations.
Bunge also reported an unrealised gain from the company’s stake in Beyond Meat, meaning it could profit from the plant-based burger venture if it sells its shares in the future...
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