Previous close | 0.2700 |
Open | 0.2750 |
Bid | 0.2700 x 0 |
Ask | 0.2700 x 0 |
Day's range | 0.2700 - 0.2750 |
52-week range | 0.2350 - 0.2800 |
Volume | |
Avg. volume | 16,391,423 |
Market cap | 3.424B |
Beta (5Y monthly) | 0.55 |
PE ratio (TTM) | 13.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.02 (5.94%) |
Ex-dividend date | 07 May 2024 |
1y target est | N/A |
Golden Agri-Resources Ltd ("GAR" or the "Company") announced a solid financial performance for 2023, marking a normalisation following record-high CPO prices in 2022.
Golden Agri-Resources Ltd ("GAR" or the "Company")'s financial results for the nine-month period ending September 2023 remained firm, in line with industry trends during this period. Average CPO market price (FOB Belawan) in the nine-month period of 2023 was US$922 per tonne, continuing the normalisation of prices after 2022's record high of US$1,368 per tonne. Revenue decreased by 15 percent year-on-year to US$7.32 billion, with expanded sales volume partly offsetting lower average selling pric