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EVEN a more than century-old agricultural conglomerate such as Yara International ASA was hard hit during the recent economic crisis. But not only did it manage to weather it, its regional outfit, Yara Asia, has actually made it to one of the top 50 Singapore companies that have attained the highest three-year compounded annual growth rate on an annual basis.
And how it did it was a feat in quick thinking and versatility. The world’s largest supplier of mineral fertilisers reacted as soon as the crisis hit. It adjusted prices of fertilisers, quickly taking on some losses and write-offs on stock positions.
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