324 Followers SGX:E5H - Golden Agri-Resources Ltd Golden Agri-Res
Sector: Consumer Staples, Industry: Agricultural Products
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3 reasons why Golden Agri can expect 100% earnings jump in 2017

12 Jan 2017 - Singapore Business Review
For starters, there is a significant recovery in FFB output. Singapore agribusiness group Golden Agri-Resources is expected to pose a 100% earnings spike in this year as fresh fruit bunch output sees significant recovery. RHB said FFB yields is expected to post a 12% growth, which is slightly lower than ...
sgx:e5h

Golden Agri Resources subscribes to a tech investment fund

22 Dec 2016 - Singapore Business Review
Its commitment towards the fund will be up to US$125m. Golden-Agri Resources Ltd has subscribed for a limited partnership interest in a technology investment fund, RMDV Fund I, L.P. through its subsidiary Belino Investments Ltd. The group's contribution and commitment towards the fund will be up to an ...
sgx:e5h

Singapore: Golden Agri injects $125m into RMDV Fund 1

22 Dec 2016 - DealStreetAsia
Singapore-listed Golden Agri-Resources Limited (GAR) has subscribed for a limited partnership (LP) interest in a technology investment fund, RMDV Fund 1, L.P through its subsidiary Belino Investments Limited. RMDV Fund 1 is an exempted limited partnership registered in the Cayman Islands, with GAR’s ...
sgx:e5h

Golden Agri braces for 16% decline in fruit bunch yields

17 Nov 2016 - Singapore Business Review
As of September, production dipped 21.1%. Golden Agri Resources may now be back on its feet after it swings back to a profit of $310m. However, its fresh fruit bunch (FFB) yields may see an overall decline for the whole year. According to UOB KayHian, FFB production already dipped 21.1% to 5.74m tonnes ...
sgx:e5h

Golden Agri's 3Q profits get a boost from tax credit

17 Nov 2016 - Singapore Business Review
PATMI stood at $311.2m compared to a previous $23.22m loss. Golden Agri-Resources reported its revenue rising 16.6% YoY to US$1.84b and PATMI was at US$219.7m ($311.2m) vs. a net loss of US$16.4m ($23.22m) in 3Q15. PATMI during the quarter brought 9M16 PATMI to US$353.3m ($499.7m), thanks to a stimulus ...
sgx:e5h

Golden Agri-Resources back in the black with $310m 3Q profit

15 Nov 2016 - Singapore Business Review
It previously posted a $23m net loss. Amidst weaker palm product output, Golden Agri-Resources (GAR) managed to deliver better results in 3Q and 9M ending September buoyed by its integrated business model and the appreciation of crude palm oil (CPO) market prices. For the nine-month period of 2016, revenue ...
sgx:e5h

Golden Agri swings into the black, thanks to deferred tax income and forex gain

14 Nov 2016 - Business Times Breaking News
DEFERRED tax income and a foreign-exchange gain, instead of a loss in the previous year, lifted Golden Agri-Resources' results for the third quarter. Net profit for the three months ended Sept 30, 2016, was US$219.7 million, a reversal from a net loss of US$16.4 million in the preceding year, the group ...
sgx:e5h

Golden Agri-Resources: Delivers Strong 3rd Quarter 2016 Results Supported By Its Integrated Business Model.

14 Nov 2016 - ShareInvestor Express
Third quarter 2016 EBITDA saw a year-on-year increase to US$165 million despite much lower plantation output. Palm and lauric segment contributed US$61 million to total third quarter 2016 EBITDA, more than double compared to last year...
sgx:e5h

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