You are here

Forex gains, better margins boost Golden Agri in Q1

Singapore

INDONESIAN palm oil producer Golden Agri-Resources reported a net profit of US$94 million for the first three months of 2016, or around S$0.01 a share, boosted by currency and tax gains and better downstream margins.

But an accounting change on the valuation of its...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes