Dry weather more of an issue for Golden Agri than Covid-19
Drought hits output; higher prices send its Q4 net profit up from year ago
Add BT as a preferred sourceClaudia Tan HS
Singapore
WHILE Covid-19 is expected to affect Golden Agri-Resources' (GAR) operating environment this year, climate change remains the long-term and consistent challenge for the group's production growth.
"Continuing dry weather and potential for a stronger El Nino year is potentially more of an issue from a production point of view," said Anita Neville, GAR's senior vice-president of group corporate communications, at a media briefing on Friday to discuss its full-year results.
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