Golden Agri-Resources
Golden Agri-Resources (GAR) is one of the world’s largest seed-to-shelf agribusinesses. The firm grow oil palms with farmers and produce food and fuel with sustainability.
Golden Agri-Resources’ revenue falls 15% due to lower crude palm oil prices
The company recorded a net profit of $266m.
Golden Agri-Resources’ revenue falls 15% due to lower crude palm oil prices
The company recorded a net profit of $266m.
Golden Agri’s net profit cut by half in 1H23
Its profit fell to US$182m.
SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices
Despite the softened results, the firm said it stayed resilient.
Two SG companies enter Top 500 Family Businesses
All of them generate a combined $10.72t in revenue.
Agribusiness GAR’s golden strategy combats supply chain issues
The palm oil firm stayed resilient by building its logistics capabilities.
Golden Agri Resources’ net profit up to $528m in H2 22
The firm’s downstream and upstream businesses helped in the growth.
Golden Agri more than doubles its net profit to US$675m in 9M22
This is likely due to its downstream business achieving its largest EBITDA growth.
Golden Agri subsidiary defers listing in India
The subsidiary will explore opportunities to enhance shareholders' value in the meantime.
Golden Agri-Resources posts $261.3m net profit YoY in Q1
Its profit was driven by the appreciation of crude palm oil market prices.
Golden Agri’s net profit surged to $645.5m in 2021
Upstream and downstream businesses contributed to Golden Agri’s stronger performance.
GAR profit soars 580% YoY to $189.82m in Q3
This growth was also reflected in its EBITDA with 145% increase.
Higher CPO prices seen as reason for Golden Agri-Resources' boom in EBITDA
The company previously reported a 177.2% jump in EBITDA.
Golden Agri-Resources posts $710m EBITDA for H1 2021
The recorded EBITDA is a 176% increase from the previous year’s period.
Manufacturing sector stocks follow manufacturing growth lead
Singapore’s top 20 most traded manufacturing-related stocks have a combined market value of $98.8b.
Which stocks generated most gains in the first half?
The top 10 constituents of the FTSE ST All-Share Index had a combined turnover close to $40m daily.
Falling CPO prices threaten Golden Agri Resources's growth
Prices have been down 6% so far, whilst GAR’s shares have dropped by 16%.
Golden Agri-Resources names Jesslyne Widjaja as director
She will be responsible for the company's corporate strategy and business development.
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