According to GAR, the excellent performance is primarily supported by the continued high market prices for crude palm oil (CPO) and increased downstream business margins
Golden Agri-Resources (GAR) has reported earnings of US$323.0 million ($438.4 million) for the 2HFY2021 ended December, 71.2% higher than earnings of US$188.6 million.
This brings earnings for the FY2021 to US$476.2 million, 14.9 times higher than the US$31.8 million reported in the FY2020.
