Gross profit fell by 35.6% y-o-y to US$882.3 million while ebitda fell by 40.8% y-o-y to US$477.6 million.
Golden Agri-Resources (SGX:E5H
) reports earnings of US$182.3 million ($246.9 million) for the 1HFY2023 ended June 30, 53.2% lower than the earnings of US$389.7 million.
Revenue fell by 11.2% y-o-y to US$4.88 billion due to lower crude palm oil (CPO) prices even though the group saw higher sales volumes for the period.
