News for Golden Agri-Resources Ltd (GARPF)

SINGAPORE, May 30, 2025 /PRNewswire/ -- Golden Agri-Resources (GAR) today published its Sustainability Report 2024, covering a year that saw the company establish the scale and scope of its climate ambitions while continuing to deliver on core commitments to tackle deforestation, enhance traceability and promote thriving, resilient agricultural communities.

Net profit for the quarter surged by 47% year-on-year to US$55 million. Growth in plantation output helped to offset softer downstream performance, resulting in a first quarter 2025 EBITDA margin of over 8.5%. SINGAPORE, May 15, 2025 /PRNewswire/ -- Golden Agri-Resources Ltd ('GAR' or the 'Company') continued to improve its financial performance in the first quarter of 2025, driven by increased plantation output and appreciation in crude palm oil (CPO) prices. CPO market prices (FOB Belawan) for the quarter averaged US$1,156 per tonne, up 27% from the same period last year. This supported a 19% growth in revenue to US$3.04 billion, offsetting a dip in sales volume during this period.

EBITDA grew by 23% in the second half of the year, bringing full-year EBITDA to US$1.1 billion at a margin of 10%. Proposed 31% increase in final dividend to 0.804 Singapore cents per share, subject to shareholder approval. SINGAPORE, Feb. 27, 2025 /PRNewswire/ -- Golden Agri-Resources Ltd ('GAR' or the 'Company') has announced a robust financial performance for 2024, with improved plantation output and higher crude palm oil (CPO) prices driving growth in the second half of the year.

Nine-month 2024 revenue grew by 8% year-on-year while EBITDA increased to US$758 million with a margin of 9.6% Downstream business growth mitigated the impact of lower production caused by El Niño conditions Underlying profit impacted by increased financial expenses and income tax SINGAPORE, Nov. 14, 2024 /PRNewswire/ -- Golden Agri-Resources Ltd ('GAR' or the 'Company') recorded an 8% growth in revenue for the nine months ending September 2024, reaching almost US$7.9 billion. Weaker plantation output caused by the ongoing effects of 2023's El Niño conditions was mitigated by slightly higher crude palm oil (CPO) prices and expanded sales volumes during this period.

Investors should review their portfolios as new European Union rules targeting deforestation are set to reverberate through companies exposed to key commodities, ac…

A drone buzzes between trees on a humid Malaysian morning, monitoring the oil palm fruits as they ripen. Self-driving trucks rumble over the vast plantation’s uneven ground, laying fertilizer and picking up the densely packed harvested bunches.  These are just some of the robots the Southeast Asian nation’s top palm…

A drone buzzes between trees on a humid Malaysian morning, monitoring the oil palm fruits as they ripen. Self-driving trucks rumble over the vast plantation’s uneven ground, laying fertiliser and picking up the densely packed harvested bunches.

Palm Oil Market Segmented By Organic Palm Oil, Conventional Palm Oil Nature in Business to Business Sales of Palm Oil and Business to Consumer Sales of...

As per the report by Visiongain, the global Vegetable Oil Market was valued at US$323.18 billion in 2022 and is projected to grow at a CAGR of 6.2% during...

/PRNewswire/ -- Golden Agri-Resources (GAR), one of the world's largest seed-to-shelf agribusinesses, has completed its relocation to new premises in Utrecht,...

The global edible oils market is estimated to reach over USD 329.30 billion by 2031, exhibiting a CAGR of 5.22% during the forecast period...

/PRNewswire/ -- The

The palm oil industry has become a major global economic force in recent years, with production and consumption increasing rapidly.

Global palm oil market is valued at USD 63.54 Billion in 2021, and it is anticipated to attain a value of USD 90.61 Billion by 2028, at a CAGR of 5.20 %...

/PRNewswire/ -- The

/PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled...

Presenters at POINTERS forecast average CPO price of RM4.1k/tonne for 2021F. This means CPO price could decline from the current RM5.1k/tonne.

SAN FRANCISCO, Sept. 2, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today