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Home / Capital / Results

Golden Agri posts 56% decline in 1H earnings to US$59 mil

Results

Golden Agri posts 56% decline in 1H earnings to US$59 mil

Michelle Zhu Published on Mon, Aug 14, 2017 / 5:26 PM GMT+8

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SINGAPORE (Aug 14): Golden Agri-Resources (GAR) has announced earnings of US$59.4 million ($80.9 million) for the 1H17 ended June, down 55.5% from US$133.6 million reported in 1H16 due to the recognition of deferred income tax assets.

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