Golden Agri-Resources
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Revenue grew 9% to US$3.4 billion, from US$3.1 billion the quarter before
SGX-listed plantation firms ride output gains, lure with dividends
While analysts expect the strong streak to continue, downside risks to crude palm oil prices in H2 remain
Jakarta’s land crackdown brings ‘short-term pain’ but long-term clarity: Golden Agri-Resources
The palm oil giant expects to give an update by end-2025, based on when Indonesia expects to complete its land-use review
Golden Agri-Resources’ H1 net profit rises 56.5% to US$160.3 million
Higher palm oil prices, lower interest expenses among reasons for the increase
Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms
Companies tight-lipped on impact after Indonesian authorities confiscate 2 million out of a targeted 3 million hectares of reportedly illegally run plantations
Golden Agri-Resources Q1 profit rises 47% to US$55 million on better plantation output
Revenue is up 19% to US$3 billion with the increase in crude palm oil prices
SGX listcos with Indonesia exposure stay resilient amid market meltdown
But analysts raise caution over equities with emerging market exposure
Crude palm oil prices to stay robust on inventory crunch, but may not lift all SGX agri counters
Higher CPO prices are set to persist; analysts expect Bumitama Agri, First Resources to get a boost
Golden Agri’s H2 profit soars about 17 times to US$262.1 million on higher palm oil prices, sales
Its board proposes a final dividend of S$0.00804 per share
Golden Agri-Resources posts lower underlying profit of US$91 million for Q3
Decline driven by increasing financial expenses due to higher interest rates and greater income tax expenses, says company
