Golden-Agri’s profit sinks 44% YoY despite revenue and EBITDA gains

Revenue and EBITA rose 5% YoY and 4% YoY, respectively.

Golden-Agri's net profit fell 44% YoY to US$102m in H1 2024, impacted by higher financial expenses and unrealised foreign exchange losses.

The company’s other financial metrics like revenue, gross profit, and earnings before interest, taxes, depreciation, and amortisation (EBITDA), however, improved.

Revenue in H1 rose 5% YoY to US$5.1b due to expanded sales volume.

Meanwhile, gross profit improved 4% YoY to US$920m.and EBITA increased 4% YoY to US$495m.

Follow the link for more news on

Golden Agri-Resources

Financial Statements

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia