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Golden Agri's Q4 profit more than doubles

Singapore

HIGHER sales volume, coupled with a large tax credit, lifted the fourth-quarter earnings of Golden Agri-Resources. Its net profit for the three months ended Dec 31, 2016, leapt 136.7 per cent to US$46.3 million from the previous year, the group said on Friday.

Revenue jumped 37.8 per cent to...

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