Previous Close | 17.90 |
Open | 17.50 |
Bid | 17.50 x N/A |
Ask | 19.20 x N/A |
Day's Range | 17.50 - 17.50 |
52 Week Range | 15.00 - 18.60 |
Volume | |
Avg. Volume | 0 |
Market Cap | 2.298B |
Beta (5Y Monthly) | 0.54 |
PE Ratio (TTM) | 12.07 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 1.11 (6.18%) |
Ex-Dividend Date | May 07, 2024 |
1y Target Est | N/A |
Golden Agri-Resources Ltd ("GAR" or the "Company") announced a solid financial performance for 2023, marking a normalisation following record-high CPO prices in 2022.
Golden Agri-Resources Ltd ("GAR" or the "Company")'s financial results for the nine-month period ending September 2023 remained firm, in line with industry trends during this period. Average CPO market price (FOB Belawan) in the nine-month period of 2023 was US$922 per tonne, continuing the normalisation of prices after 2022's record high of US$1,368 per tonne. Revenue decreased by 15 percent year-on-year to US$7.32 billion, with expanded sales volume partly offsetting lower average selling pric