Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
EBITDA[1] for the first half of 2022 grew to US$807 million, whilst net profit more than doubled to US$390 million Well sustained margins achieved across upstream and downstream business segments The Board declares interim dividend of 0.800 Singapore cents per share FINANCIALHIGHLIGHTS US$'million First halfended Change 30June2022 (1H2022) 30June2021 (1H2021) Revenue 5,490 4,454 23% GrossProfit 1,369 1,061 29% EBITDA[1] 807 523 54% Underlying Profit[2] 407 246 65% Foreign Exchange Gain/(Loss)[3] 41 -8 n.m Deferred Tax Income/(Expense)[3] 1 -27 n.m Net Profit[4] 390 153 154% [1]Earningsbefo...
Source: singaporestar.com