Golden-Agri Resources (GAR) reported earnings of US$188.6 million ($249.0 million) for the 2HFY2020 ended December, 21.5% lower than earnings of US$240.4 million for the 2HFY2019.

Earnings for the FY2020 plunged 83.6% y-o-y to US$31.8 million from US$194.0 million a year ago.

Revenue for the 2HFY2020 grew 12.9% y-o-y to US$3.69 billion, while revenue for the FY2020 increased 10% y-o-y to US$7.08 billion.

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