Mixed showing by firms in Sinar Mas Group
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Singapore
GOLDEN Agri-Resources net profit fell sharply by 84 per cent to US$17.2 million in the first quarter ended March 2015 from US$104 million a year ago due to softer crude palm oil prices and lower plantation output.
Revenue fell 19 per cent to US$1.55 billion from US$1.91 billion while Ebitda (earnings before interest, taxes, depreciation and amortisation) slipped 37 per cent to US$126.4 million.
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