Golden Agri-Resources Ltd (GAGR.SI)
26 Oct 2016
SINGAPORE Crude palm oil prices could jump later this year on firm demand and tight supplies, although output is set to gradually rise as the impact of an El Nino weather event fades, a senior official from Golden Agri-Resources said.
* Sees 2016 palm oil output down 15-20 pct (Adds outlook from conference call)
SINGAPORE, Aug 12 Singapore-listed palm oil company Golden Agri-Resources Ltd posted a surge in quarterly net profit, thanks to deferred tax income, while its operating performance was hit by reduced output following a severe drought.
SINGAPORE, May 13 Singapore-listed palm oil company Golden Agri-Resources Ltd posted a 65 percent rise in quarterly core net profit, helped by strong results at its palm and lauric business, but warned the El Niño weather pattern would hurt production.