Golden-Agri Resources reports 361% y-o-y surge in earnings of US$188 mil in the 1QFY2022

Golden-Agri Resources (GAR) has reported earnings of US$188 million ($261.0 million) for the 1QFY2022, 4.58 times higher than earnings of US$41 million in the corresponding period the year before.

During the period, revenue increased by 32% y-o-y to US$2.7 billion.