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Golden Agri's Q2 profit surges on deferred tax income boost

Published Fri, Aug 12, 2016 · 09:50 PM

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    Singapore

    DEFERRED tax income helped give a lift to earnings for Golden Agri-Resources for its second quarter, even as revenue slid.

    Net profit rocketed 279 per cent to US$39.5 million from the previous year, the palm oil plantation giant said in a Singapore Exchange filing on Friday morning.

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