Golden-Agri Resources (GAR)

Environmental, Social and Governance

Jefferies warns of new risk tied to commodities: ESG regulation

Among companies that Jefferies says may be impacted are Kuala Lumpur Kepong Berhad and Golden-Agri Resources.

Broker's Calls

Golden Agri lowers earnings estimates after lower FFB output assumptions; 1HFY2023 earnings ‘largely in line'

RHB Bank Singapore has kept “buy” on Golden Agri-Resources citing the group's estimates as "largely-in-line". Photo: Bloomberg

Results

Golden Agri expects to remain profitable for FY2022 despite loss from changes in fair value of its financial assets

The resulting fair value of the financial asset is still “well above” its investment cost, says GAR.

Results

Golden-Agri Resources reports 361% y-o-y surge in earnings of US$188 mil in the 1QFY2022

The robust performance was mainly attributable to the continued appreciation of CPO market prices, says the group.
Golden Agri-Resources sees 71.2% earnings growth of US$323.0 mil in 2HFY2021; declares final dividend of 1.077 cents - THE EDGE SINGAPORE

Results

Golden Agri-Resources sees 71.2% earnings growth of US$323.0 mil in 2HFY2021; declares final dividend of 1.077 cents

GAR also announced the initiation of its share buyback programme, allocating up to US$100 million in 2022.

Results

Golden-Agri Resources sees 21.5% lower earnings of US$188.6 mil in 2H20

The group has proposed a final dividend of 0.48 cents per share for the FY2020 payable on May 18.

Results

Golden Agri swings deeper into the red with losses of US$157.0 mil for 1H20

"Supply for the rest of the year is expected to remain tight even as we move into the high production season... We expect CPO price to maintain its healthy level, although there may always be periods of volatility," says chairman and CEO Franky Widjaja.
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