Golden Agri-Resources triples earnings for Q4

Fri, Feb 28, 2020 - 9:13 AM

Rachel Muirachmui@sph.com.sg@RachelMuiBT

PALM oil plantation owner Golden Agri-Resources posted a net profit of US$239.6 million for its fourth quarter ended Dec 31, 2019, triple the US$79.3 million a year ago.

This was mainly due to strengthening palm oil prices during the quarter and a net fair value gain on financial assets...

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