Golden Agri-Resources reports 3QFY21 earnings of US$115 mil on higher selling prices and volume

Golden Agri-Resources reports 3QFY21 earnings of US$115 mil on higher selling prices and volume
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SINGAPORE (Nov 12): Palm oil producer Golden Agri-Resources has reported earnings of US$115 million for 3QFY21 ended Sept 30, up 580% y-o-y from a loss of US$5 million.

Revenue in the same period was up 76% y-o-y to US$2.8 billion, as both volume and selling price gained.

The company notes that the ongoing La Nina weather pattern will...(click on link for full story on theedgesingapore.com)