As at March 31, the company's planted area remained at approximately 532,000 hectares, of which 494,000 hectares were mature.
Golden Agri-Resources has held its 1QFY2024 revenue at US$2.56 billion, up 1% y-o-y. However, earnings dropped 60% over the same period to US$37 million, as the company weathered unfavourable forex, booked fair value losses and so on.
Underlying profit, which excluded these one-offs, was down 29% y-o-y to US$79 million
