The company plans to pay a final dividend of 0.804 cents per share, totalling approximately US$75 million, equal to 18% of its underlying profit.
Golden Agri-Resources has reported FY2024 earnings of US$365 million ($488.38 million), up 84% over the preceding year ended Dec 31, 2023. Revenue in the same period was up 12% to US$10.9 billion.
The company attributes the improved results to a record volume of sales coupled with higher crude palm oil prices, particularly in the second half of FY2024, where earnings surged 156% y-o-y to US$262 million.
