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Weaker Q4 commodity prices hit Golden Agri, IndoAgri

Saturday, February 28, 2015 - 05:50
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TWO plantation players posted less-than-stellar fourth-quarter results on Friday amid weaker crude palm oil prices and an industry overcapacity.

Singapore

TWO plantation players posted less-than-stellar fourth-quarter results on Friday amid weaker crude palm oil prices and an industry overcapacity.

Golden Agri-Resources reported a net loss of US$21.9 million for the fourth quarter ended Dec 31, 2014, compared to a net