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Golden Agri-Resources Ltd (GAGR.SI)

GAGR.SI on Stock Exchange of Singapore

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19 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Golden Agri-Resources Posts Q1 Net Profit Of $12 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - Golden Agri-Resources Ltd ::QTRLY REVENUE $1.82 BILLION, DOWN 11 PERCENT.Q1 NET PROFIT $12 MILLION, DOWN 68 PERCENT.  Full Article

Golden Agri-Resources sees 2018 palm FFB output rising 10 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Golden Agri-Resources Ltd :Exec sees 2018 palm plantation fresh fruit bunch production to rise about 10 percent versus 2017.  Full Article

Golden Agri-Resources posts qtrly ‍net profit of US$44 mln
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Golden Agri-resources Ltd ::‍Declares interim dividend of 0.693 singapore cents per share​.Qtrly revenue US$1.78 billion versus US$1.84 bln‍​.Qtrly ‍net profit US$44 million, down 80 percent.  Full Article

Golden Agri-Resources exec sees 15-20 pct lower palm oil output in 2016
Friday, 12 Aug 2016 

Golden Agri-Resources Ltd : Exec says palm oil production recovery slower than seen in previous years . Exec says sees crude palm oil prices to stay range bound, at around current levels . Exec says expects to see 15-20 percent lower palm oil production in 2016 versus last year Further company coverage: [GAGR.SI] (Reporting By Aradhana Aravindan) ((aradhana.aravindan@thomsonreuters.com;)).  Full Article

Golden Agri Resources posts qtrly net profit of $39.5 million
Friday, 12 Aug 2016 

Golden Agri-Resources Ltd : Qtrly revenue $1.74 billion versus $1.83 billion a year ago . Says no dividend has been declared for the quarter ended 30 June 2016 . Operating performance to be affected by prices of CPO and competing seed oils, climatic conditions . Qtrly net profit $39.5 million versus $10.4 million . Group's production will continue be affected by the El Nino weather condition . "Expect better results due to larger harvest volumes in the second half of the year" . El Nino weather condition impact may be mitigated by higher CPO prices . "Will continue optimising margins through further vertical integration of its operations" . "Expect CPO price to remain supported by lower production due to El Nino and implementation of Indonesia biodiesel mandate" . Upstream projected 2016 capex US$110 million; downstream projected 2016 capex US$110 million .  Full Article

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Palm oil from Indonesia's shrinking forests taints global brands - report

JAKARTA Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.