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Golden Agri Q2 profit down 45% on lack of tax credit

Published Mon, Aug 14, 2017 · 09:50 PM

Singapore

THE absence of deferred income tax credit took a toll on the results of Golden Agri-Resources in its second quarter.

Net profit fell by 44.7 per cent to US$21.9 million from the preceding year, the group said in a Singapore Exchange filing on Monday evening.

Earnings per share came in at 0.17 US cents, down from 0.…

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