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Golden-Agri Resources reports 361% y-o-y surge in earnings of US$188 mil in the 1QFY2022

Felicia Tan
Felicia Tan5/12/2022 09:12 AM GMT+08  • 3 min read
Golden-Agri Resources reports 361% y-o-y surge in earnings of US$188 mil in the 1QFY2022
During the period, revenue increased by 32% y-o-y to US$2.7 billion. File photo.
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Golden-Agri Resources (GAR) has reported earnings of US$188 million ($261.0 million) for the 1QFY2022, 4.58 times higher than earnings of US$41 million in the corresponding period the year before.

During the period, revenue increased by 32% y-o-y to US$2.7 billion.

Gross profit increased 39% y-o-y to US$673 million.

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